Tyler Enterprises just paid an annual dividend of $1.22 a share. The stock has a market price
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Question:
Tyler Enterprises just paid an annual dividend of $1.22 a share. The stock has a market price of $34.60 and a dividend growth rate of 3.1 percent. What is the rate of return on this stock?
A. | 6.74 percent | |
B. | 8.62 percent | |
C. | 8.13 percent | |
D. | 9.03 percent |
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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