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Sherbo Ltd paid a dividend this morning of $2.50 per common share. The dividend is expected to grow at a constant rate of 5% per
Sherbo Ltd paid a dividend this morning of $2.50 per common share. The dividend is expected to grow at a constant rate of 5% per year. If the stock is selling for $100 per share, the stockholders expected rate of return is ________.
7.50% | ||
10.07% | ||
7.63% | ||
13.00% | ||
None of the above |
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