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DaniilM [7]
2 years ago
14

Healthy foods just paid its annual dividend of $1.62 a share. the firm recently announced that all future dividends will be incr

eased by 2.1 percent annually. what is one share of this stock worth to you if you require a rate of return of 15.7 percent?
Business
1 answer:
solmaris [256]2 years ago
7 0
<span>((Current value - original value) / original value) x 100 = rate of return
</span><span>(( 1.65402- 1.62) / 0.157) x 100 = Original Value
</span>Original Value = $ 21.66
<span>

</span>
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3 years ago
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