Business
Business, 05.11.2019 02:31, charlettethomap7e9st

Walter utilities is a dividend-paying company and is expected to pay an annual dividend of $2.85 at the end of the year. its dividend is expected to grow at a constant rate of 6.00% per year. if walter’s stock currently trades for $25.00 per share, what is the expected rate of return?
a. 6.80%
b. 6.11%
c. 13.80%
d. 17.40%

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Answers: 1

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