Ramchander Investment Group Is Expected to Pay Dividends of $1

question 46

Multiple Choice

Ramchander Investment Group is expected to pay dividends of $1.40 next year.The company just paid dividends of $1.30.This growth rate is expected to continue.How much should be paid for Ramchander Investment Group stock just after the dividend if the appropriate discount rate is 10%?

• A)$14.00
• B)$35.85
• C)$58.90
• D)$60.61
• E)$65.27

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