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GenaCL600 [577]
3 years ago
9

The common stock of tasty treats is valued at $10.80 a share. the company increases its dividend by 8 percent annually and expec

ts its next dividend to be $0.20 per share. what is the total rate of return on this stock?
Business
1 answer:
V125BC [204]3 years ago
5 0
Hello! I believe the correct answer to your question would be r = 0.09852, or around 9.85%. Hope this helps, and have a great day :)
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