ConsGrough,Inc.has increased its annual common dividend by 3% in each of the years that the company has existed.If you believe that the company can continue to do so indefinitely,then what is the required rate of return if the price of ConsGrough is $171.67 and the dividend that it paid yesterday was $5?
A) .029
B) .03
C) .06
D) none of the above
Correct Answer:
Verified
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