H. j. corp. common stock paid 2.50 in dividends last year, Ask an Expert

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H. J. Corp. common stock paid $2.50 in dividends last year (DO). Dividends are expected to grow at a 12-percent annual rate forever. If H. J.'s current market price is $40.00, what is the stock's expected rate of return (nearest .01 percent)?

a. 5.50%

b. 18.25%

c. 19.00%

d. 11.00%

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Basic Finance, Finance

Category:- Basic Finance
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