The Common Stock of BJ's Auto Clinic Sells for $38

question 177

Multiple Choice

The common stock of BJ's Auto Clinic sells for $38.25 a share. The stock is expected to pay $1.90 per share next month when the annual dividend is distributed. BJ's has established a pattern of
Increasing their dividends by 2.5% annually and expects to continue doing so. What is the market
Rate of return on this stock?

• A) 4.41%
• B) 4.97%
• C) 7.38%
• D) 7.47%
• E) 7.59%

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