Top Posters
Since Sunday
g
2
New Topic  
citycyborg citycyborg
wrote...
Posts: 156
Rep: 0 0
3 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:
Read 98 times
1 Reply
Replies
Answer verified by a subject expert
tpriest1tpriest1
wrote...
Posts: 165
Rep: 1 0
3 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

citycyborg Author
wrote...

3 years ago
Correct Slight Smile TY
wrote...

Yesterday
Thanks
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1749 People Browsing
Related Images
  
 1196
  
 388
  
 318