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+] Test 5- Requires Respondus LockDown Browser e Left:1:28:19 Ralph King: Attempt 1 AJAX Company is planning to pay a dividend of $4.20 per share

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+] Test 5- Requires Respondus LockDown Browser e Left:1:28:19 Ralph King: Attempt 1 AJAX Company is planning to pay a dividend of $4.20 per share this year (Di). The growth rate for future years is a constant 5% per year. If AJAX Company's common stock is selling for $56 per share, the stockholders' expected rate of return is. A) 13.3% B) 5.0% OC) 12.1% D) 12.5% Question 20 (0.125 points) Gamecock Company's common stock is currently selling for $30 per share. It is expected to be selling for $31.50 per share by the end of the year. The stock is expected to pay a dividend of $0.60 per share. Compute the expected rate of return on this stock. A) 5.0% B) 5.5% C) 7.0%

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