PQR Corp Is Expected to Pay a Dividend of $1

question 54

Multiple Choice

PQR Corp. is expected to pay a dividend of $1.50 per year indefinitely. If the appropriate rate of return on this stock is 8 percent per year, and the stock consistently goes ex-dividend 25 days before the dividend payment date, what will be the expected minimum price in light of the dividend payment logistics?

• A)$12.84
• B)$18.61
• C)$18.75
• D)$20.09

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The act of refusing to accept blame or accountability for one's actions or decisions, often deflecting onto others.

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