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Please give answer using financial calculator, or simplest way with the formula , no excel, thanks! Mimico's stock is selling today for $46.40 per share
Please give answer using financial calculator, or simplest way with the formula , no excel, thanks!
Mimico's stock is selling today for $46.40 per share and has a total rate of return of 10.60%. The annual dividends are increasing at a rate of 1.90% indefinitely. How much is the expected dividend per share next year? a. $2.02 b. $4.92 c. $6.06 d. $3.36 e. $4.04Step by Step Solution
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