Elegante Homes just paid an annual dividend of $3.36 a share and is expected to increase...
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Elegante Homes just paid an annual dividend of $3.36 a share and is expected to increase that amount by 5% per year. What is the price per share if the market rate of return for this type of security is 9%/year. Select one: a. $80.00 b. $30.55 C. $88.20 d. $32.07 $67.20 Elegante Homes just paid an annual dividend of $3.36 a share and is expected to increase that amount by 5% per year. What is the price per share if the market rate of return for this type of security is 9%/year. Select one: a. $80.00 b. $30.55 C. $88.20 d. $32.07 $67.20
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