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Use the information to answer the following questions. Thames Inc.'s last dividend was $5 per share. The dividend is expected to grow at 2% per
Use the information to answer the following questions. Thames Inc.'s last dividend was $5 per share. The dividend is expected to grow at 2% per year. The stock currently sells for $32 per share.
Continued from previous question. You will purchase the stock at $32 if the required return rate on the stock is _______.
Select one:
a. Smaller than 16.0%
b. Larger than 16.7%
c. Smaller than 18.2%
d. Larger than 10.2%
e. Larger than 13.0%
Use the information to answer the following questions. Thames Inc.'s last dividend was $5 per share. The dividend is expected to grow at 2% per year. The stock currently sells for $32 per share. What is the estimated (predicted) rate of return of the stock today? Select one: a. 14.0% b. 17.94% c. 11.7% d. 5.2% e. 12.0% Continued from previous question. You will purchase the stock at $32 if the required return rate on the stock is Select one: a. Smaller than 16.0% b. Larger than 16.7% X c. Smaller than 18.2% d. Larger than 10.2% e. Larger than 13.0%Step by Step Solution
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