The common stock of J. K. Laminates sells for $32.60 a share. The stock is expected to pay $2.10 per share next month when the annual dividend is distributed. J. K.'s has established a pattern of
Increasing its dividends by 3.5% annually and expects to continue doing so. What is the market rate
Of return on this stock?

Question

Quizplus · Accepted Answer

The Answer of The common stock of J. K. Laminates sells for $32.60 a share. The stock is expected to pay $2.10 per share next month when the annual dividend is distributed. J. K.'s has established a pattern of
Increasing its dividends by 3.5% annually and expects to continue doing so. What is the market rate
Of return on this stock?

The Common Stock of J