Consolidated Edison Has Just Paid an Annual Dividend of $3

question 152

Multiple Choice

Consolidated Edison has just paid an annual dividend of $3 per share.If the expected growth rate for Con Ed is 10%, and your required rate of return is 16%, how much are you willing to pay for this stock?

• A)$55
• B)$50
• C)$46.50
• D)none of the above

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Definitions:

Universal Serial Bus (USB)

A standard for cables, connectors, and protocols used for connection, communication, and power supply between computers and devices.

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