MC Qu. 64 The common stock of Auto Deliveries sells for... The common stock of Auto Deliveries sells for $26.46 a share. The stock is expected to pay $2.10 per share next year when the annual dividend is distributed. Auto Deliveries has established a pattern of increasing its dividends by 5.0 percent annually and expects to continue doing so. What is the market rate of return on this stock? Multiple Choice 7.94 percent O 10.44 percent O 12.94 percent O 15.44 percent O O 17.94 percent MC Qu. 91 Last week, Hansen Delivery paid its annual dividend of... Last week, Hansen Delivery paid its annual dividend of $1.20 per share. The company has been reducing the dividends by 12 percent each year. How much are you willing to pay to purchase stock in this company if your required rate of return is 13 percent? Multiple Choice $14.16 O O $30.00 $30.00 $8.80 O $4.22 O O $8.12