Business, 26.08.2019 21:30, bobiscool3698

The common stock of auto deliveries sells for $27.21 a share. the stock is expected to pay $1.80 per share next month when the annual dividend is distributed. auto deliveries has established a pattern of increasing its dividends by 4.6 percent annually and expects to continue doing so. what is the market rate of return on this stock?

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The common stock of auto deliveries sells for $27.21 a share. the stock is expected to pay $1.80 per...