DT Industries Stock Is Valued at $10

question 17

Multiple Choice

DT Industries stock is valued at $10.40 a share.The firm pays annual dividends at an increasing rate of 2.5 percent annually.Next year's dividend will be $1.05 per share.What is the required return on this stock?

• A)10.00 percent
• B)11.50 percent
• C)12.60 percent
• D)13.50 percent
• E)14.80 percent

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