Question
Stock A with a market value of 76 pays a constant growing dividend at a rate of 18.75%. Last years dividend was 80p. The expected
Stock A with a market value of £76 pays a constant growing dividend at a rate of 18.75%. Last year’s dividend was 80p. The expected rate of return on Stock A is:-
A.
10%
B.
18.75%
C.
20%
D.
22%
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
