5. You plan to buy a dividend-paying stock with no growth rate. The most recent dividend paid by the stock is $3.23, and
Posted: Fri Jul 01, 2022 7:43 am
- 5 You Plan To Buy A Dividend Paying Stock With No Growth Rate The Most Recent Dividend Paid By The Stock Is 3 23 And 1 (28.11 KiB) Viewed 25 times
5. You plan to buy a dividend-paying stock with no growth rate. The most recent dividend paid by the stock is $3.23, and the market is using a discount rate of 15% to price the stock. If, after one year, the discount rate remains unchanged, what is the dollar return on your investment that you will realize by selling the stock? a. $2.88 b. $3.23 C. $4.13 d. $3.92 e. None of the above