Question: Question 1 Your answer la ncorrect. Thy ogain Ambassador Corp. sells household cleaners producing a revenue stream that has remained unchanged in the last few

Question 1 Your answer la ncorrect. Thy ogain Ambassador Corp. sells

Question 1 Your answer la ncorrect. Thy ogain Ambassador Corp. sells household cleaners producing a revenue stream that has remained unchanged in the last few years. The firm does not expect any change in its sales or earnings in the next several years. The stock is currently selling at $46.88. If the required rate of return is 16 percent, what is the dividend paid by this company? (Round the answer to two decimal places.) : (9) $2.93 S4.65 () $6.89; $7.50 Question Attempts: 1 of 2 used SAVE FOR LATER SUBMIT ANSWE

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