Denver Shoppes will pay an annual dividend of $1.46 a share next year with future dividends increasing by 4.2 percent annually.What is the market rate of return if the stock is currently selling for $42.10 a share?
A)6.55 percent
B)7.13 percent
C)7.46 percent
D)7.67 percent
E)8.29 percent

Question

Quizplus · Accepted Answer

The Answer of Denver Shoppes will pay an annual dividend of $1.46 a share next year with future dividends increasing by 4.2 percent annually.What is the market rate of return if the stock is currently selling for $42.10 a share?
A)6.55 percent
B)7.13 percent
C)7.46 percent
D)7.67 percent
E)8.29 percent

Denver Shoppes Will Pay an Annual Dividend of $1