DT Industries Stock Is Valued at $9

question 101

Multiple Choice

DT Industries stock is valued at $9.60 a share. The firm pays annual dividends at an increasing rate of 2 percent annually. Next year's dividend will be $1.50 per share. What is the required return on this stock?

• A) 14.00 percent
• B) 15.50 percent
• C) 17.63 percent
• D) 18.50 percent
• E) 18.80 percent

---

Definitions:

European Monetary Union

The European Monetary Union is a group of European countries that share a common currency, the euro, and a common central bank, the European Central Bank.

Manufacturing Export

Goods produced domestically and sold to customers in foreign countries.

Largest Exporter

A country or region that ships the highest volume or value of goods to other countries, leading the world in exports.

Dutch Economy

Refers to the economic system and practices of the Netherlands, characterized by its highly mechanized agricultural sector, significant international trade, and advanced industrial base.