A stock pays a constant annual dividend and sells for $56.10 a share. If the market rate

Question:

A stock pays a constant annual and sells for $56.10 a share. If the market rate of return on this stock is 12.5 percent, what is the amount of the next annual Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...