The Common stock of LSUS Corporation sells for $38.42 a share. The stock is expected to...
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The Common stock of LSUS Corporation sells for $38.42 a share. The stock is expected to pay an annual dividend of $1.80 next year and increase that amount by 4 percent annually thereafter. What is the market rate of return on this stock? A. 9.04% B. 9.22% C. 8.697. D.8.39% The Common stock of LSUS Corporation sells for $38.42 a share. The stock is expected to pay an annual dividend of $1.80 next year and increase that amount by 4 percent annually thereafter. What is the market rate of return on this stock? A. 9.04% B. 9.22% C. 8.697. D.8.39%
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