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The Common Shares of Atlantic Fishing Ltd

Question 55

Multiple Choice

The common shares of Atlantic Fishing Ltd.currently sell for $48 per share.The firm has a constant dividend growth rate of 6.0%.If the required rate of return is 15.0%, what is the expected dividend yield on the share?


A) 6.00%
B) 8.49%
C) 9.00%
D) 15.00%

Correct Answer:

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