Question: Expected Return Circuit City Stores (CC) recently paid a $.17 dividend. The dividend is expected to grow at a 23.10 percent rate. At the current
Expected Return Circuit City Stores (CC) recently paid a $.17 dividend. The dividend is expected to grow at a 23.10 percent rate. At the current stock price of $8.06, what is the return shareholders are expecting?
A- 23.10%
B-2.11%
C-25.70%
D-23.12%
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