Question: i need help Facepage Inc. is having financial difficulty, and will have to reduce the dividend on their common stock by 5% per year for
i need help
Facepage Inc. is having financial difficulty, and will have to reduce the dividend on their common stock by 5% per year for the foreseeable future. The company just paid a dividend of 51 per share, and the stock is currently trading on the market at $12.50. What is the expected rate of return of the stock? Multiple Choice 13.45 13.0% 309 6.0% 26%
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