Bechtel Machinery Stock Currently Sells for $65 Per Share

question 54

Multiple Choice

Bechtel Machinery stock currently sells for $65 per share.The market requires a 14 percent return on the firm's stock.The company maintains a constant 8 percent growth rate in dividends.What was the most recent annual dividend per share paid on this stock?

• A)$3.00
• B)$3.61
• C)$3.67
• D)$3.75
• E)$3.91

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