A Share Currently Sells for $63 Per Share,and the Required

question 73

Multiple Choice

A share currently sells for $63 per share,and the required return on the share is 10%.Assuming a growth rate of 5%,calculate the share's last dividend paid.

• A)$1
• B)$3
• C)$5
• D)$7

---

Definitions:

Poor Business Concept

Refers to a business idea that lacks viability, market potential, or uniqueness, often leading to failure.

High Costs

Refers to situations where expenses exceed the anticipated or acceptable levels, often impacting profitability.