Price of share is $12.2. Future dividend is therefore expected to grown by 4.5%. To find the rate of return i.e. K, we will do the following steps:
= 0.36(1.045)/12 = 0.03135+4.5 = 4.53135
Therefore, rate of return is 4.53%.
The answer is 52500 for 25% from 42000 = 10500 so 42000+10500=52500
Answer:
B.
Explanation:
It seems most reasonable.
B. 0.5% - 2% based on average tax return rates in the US