Business, 19.08.2020 01:01 lizethyyaritza16
Rosita's announced that its next annual dividend will be $1.65 a share and all future dividends will increase by 2.5 percent annually. What is the maximum amount you should pay to purchase a share of this stock if you require a 12 percent rate of return?
a. $17.37
b. $16.94
c. $17.80
d. $15.46
e. $13.75
Answers: 1
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