Martha's Vineyard recently paid a €3.60 annual dividend on its ordinary equity.This dividend increases at an average rate of 3.5% per year.The share is currently selling for €62.10.What is the market rate of return?
A) 2.5%
B) 3.5%
C) 5.5%
D) 6.0%
E) 9.5%
Correct Answer:
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