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citycyborg citycyborg
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2 years ago
The Hopkinton Company just paid $2.25 as its annual dividend. The dividends have been increasing at a rate of 5% annually and this trend is expected to continue. The stock is currently selling for $63.60 a share. What is the rate of return on this stock?

▸ 3.60%

▸ 3.70%

▸ 8.7%

▸ 11.8%
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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tpriest1tpriest1
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#1
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2 years ago
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citycyborg Author
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2 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Harvinder
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Yesterday
You make an excellent tutor!
ofsuahasiufhoas
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2 hours ago
Just got PERFECT on my quiz
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