Business, 30.03.2020 21:29 jholland03

The common stock of Auto Deliveries sells for $26.46 a share. The stock is expected to pay $2.00 per share next month when the annual dividend is distributed. Auto Deliveries has established a pattern of increasing its dividends by 5.0 percent annually and expects to continue doing so. What is the market rate of return on this stock?

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The common stock of Auto Deliveries sells for $26.46 a share. The stock is expected to pay $2.00 per...

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