The Common Stock of Zeta Group Sells for $42 Per

question 108

Multiple Choice

The common stock of Zeta Group sells for $42 per share, has a rate of return of 12.2 percent, and a dividend growth rate of 1.8 percent annually.What was the amount of the last annual dividend paid?

• A)$3.82
• B)$3.85
• C)$4.29
• D)$4.57
• E)$4.35

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