Question: Shirley Williams common stock today sells for $50.60 a share. The stock commands a market rate of return of 14.54 percent and pays an annual

Shirley Williams common stock today sells for $50.60 a share. The stock commands a market rate of return of 14.54 percent and pays an annual dividend which increases by 2.3 percent annually. What is the expected amount of the dividend to be paid in one year?

Points: 1

$6.05
$6.19
$6.33
$8.32

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