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samualson samualson
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5 years ago
TC Corp. paid a dividend today of $5 per share. The dividend is expected to grow at a constant rate of 6.5% per year. If TC Corp. stock is selling for $50.00 per share, the stockholders' expected rate of return is
A) 11.50%.
B) 13.56%.
C) 15.49%.
D) 16.50%.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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guzmanguzman
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samualson Author
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#2
5 years ago
Makes more sense now, have a good weekend!
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