Roswell Inc.is expected to pay an annual dividend of $0.66 per share in the coming year,and to trade for $9.25 at the end of the year.If investments with the same risk as Roswell's stock have an expected return of 11%,what is Roswell's capital gain rate?
A) 3.9%
B) 3.8%
C) 3.5%
D) 3.7%
E) 3.6%
Correct Answer:
Verified
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