Less than half of stion Completion Status: Moving to another question will save this response estion 13 Question The common stock of JL Recyclers has a required return of 12% and a current value of $18.72. The company pays its dividend annually and increases the amount by 4% each year. You own 300 shares of this stock. What was the total amount of the last dividendy received 4 points 5432 $360 5480 5513 Question 13 of Moving to another question will save this response. Chose wind A006 7:06 = 2/27/ OBI > Moving to another question will save this response. Question 14 DT Industries stock is valued at $45 a share. The firm pays annul dividends at an increasing rate of 3.5% annually. Next year's dividend will be $3.05 per share. What is the required return on this stock? 10.28% o 12.64% 11.52% 13.55% A Moving to another question will save this response w deo W