Question
Roy's Welding Supplies common stock sells for $38 a share and pays an annual dividend 1.80 that increases by 3 percent annually. The market rate
Roy's Welding Supplies common stock sells for $38 a share and pays an annual dividend 1.80 that increases by 3 percent annually. The market rate of return on this stock is 8.20 percent. What is the amount of the next dividend?
A. $1.80
B. $1.86
C. $1.92
D. $1.98
E. $2.10
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Sunday Times Book Of Personal Finance
Authors: Diana Wright
1st Edition
0715391119, 9780715391112
