A companyrsquos stock price currently is 6637 per share if, Ask an Expert

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A company’s stock price currently is $66.37 per share. If the company’s last dividend was $5.10 per share and the dividends are expected to grow forever at a constant rate of 5.1% per year, what is the stock’s annual required return?

1) 12.5%

2) 14.1%

3) 13.2%

4) 11.7%

5) 10.4%

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92410985

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