The common stock of Hussain Ltd. is selling on the market for $32.84. The company has just paid an annual dividend of $2

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answerhappygod
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The common stock of Hussain Ltd. is selling on the market for $32.84. The company has just paid an annual dividend of $2

Post by answerhappygod »

The common stock of Hussain Ltd. is selling on the market for
$32.84. The company has just paid an annual dividend of $2.94 per
share and dividends are projected to grow at 9.5% p.a. If you
purchase the stock at the current market price, what is the
expected rate of return? a. 19.3% b. 20.67% c. 25% d. 16%
show logic
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