Home Products Common Stock Sells for $36

question 48

Multiple Choice

Home Products common stock sells for $36.84 a share and has a market rate of return of 15.8 percent. The company just paid an annual dividend of $1.61 per share. What is the dividend growth rate?

• A) 11.43 percent
• B) 11.06 percent
• C) 10.87 percent
• D) 11.18 percent
• E) 10.95 percent

---

Definitions:

Relationship Of Circumstance

Interpersonal relationship that exists because of life circumstances (who your family members are, where you work or study, and so on).

Classmate

A fellow member of the same class in school, college, or any educational institution.

Physical Attractiveness

The perception of an individual's bodily appearance as aesthetically pleasing or appealing, which can influence social opportunities and interpersonal relationships.

Divorce Rates

The statistical measure of the number of divorces that occur within a population during a certain period of time.