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The common stock of Roya inc, has a requited return of 10 percent and a current market price of 555 . The company pays its
The common stock of Roya inc, has a requited return of 10 percent and a current market price of 555 . The company pays its dividend annudily and increases its amount by 4 pertent each yoar, You own 505 shares of this stock. What was the approximate total amiount of the last dividend you recelved? Yusiple Choice 51,111 $2777 $1,665 $1,600. 50
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