Answer Happy

Posted: **Wed Jul 06, 2022 6:41 pm**

: Thorley Company S Stock Currently Sells For 111 24 A Share It Just Paid A Dividend Of 4 20 A Share I E Do 4 20 1 (12.24 KiB) Viewed 23 times

: Thorley Company S Stock Currently Sells For 111 24 A Share It Just Paid A Dividend Of 4 20 A Share I E Do 4 20 2 (44.79 KiB) Viewed 23 times

Thorley Company's stock currently sells for $111.24 a share. It just paid a dividend of $4.20 a share (i.e., Do-$4.20). The dividend is expected to grow at a constant rate of 10.80% a year. What is the required rate of return?

13.76% 13.01% 12.10% 14.98% 14.58%