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The common stock of Cicho Inc., sells for $48.1 a share. The stock is expected to pay a dividend of $4.1 per share next year.
The common stock of Cicho Inc., sells for $48.1 a share. The stock is expected to pay a dividend of $4.1 per share next year. Cicho has established a pattern of increasing their dividends by 14.5% annually and expects to continue doing so. What is the market rate of return in percentage on this stock?
Select one:
a.27.2
b.26.9
c.23.0
d.25.7
e.25.8
The common stock of Cicho Inc., sells for $48.1 a share. The stock is expected to pay a dividend of $4.1 per share next year. Cicho has established a pattern of increasing their dividends by 14.5% annually and expects to continue doing so. What is the market rate of return in percentage on this stock?
Select one:
a.27.2
b.26.9
c.23.0
d.25.7
e.25.8
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