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Olin [163]
3 years ago
13

Firestone Tires recently paid an annual dividend of $2.00 on its common stock. This dividend increases at an average rate of 3.8

percent per year. The stock is currently selling for $24.00 a share. What is the market rate of return
Business
1 answer:
Darina [25.2K]3 years ago
4 0

Answer:

Market rate of return = 12.45%

Explanation:

Below is the calculation of market rate of return.

D = Just pad dividend x (1 + growth rate)

D = 2 x (1 + 0.038)

D = 2.076

Now use the below formula to find the market rate of return.

Market rate of return = (D/current selling price) + Growth rate

Market rate of return = (2.076 / 24) + 0.038

Market rate of return = 12.45%

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Expected Return =

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there is no answer in the option. The correct answer is 22%.

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Expected return of share is the summation of probability multiply by the return expected in a situation of the economy.

8 0
3 years ago
The most likely cause of a shift of a production possibilities frontier of an economy ab to cd is:_________
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If an economy keeps growing its capital stock/range of employees/generation/herbal resources, then over the years its manufacturing possibilities curve will: shift to the proper .e shift of the frontier from A to B was maximum in all likelihood due to unemployment

. The curve bows outwards due to the law of increasing opportunity fee, which states that the quantity of an amazing which must be sacrificed for every additional unit of any other suitable is extra than become sacrificed for the preceding unit.

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