The expected dividend is $2.50 for a share of stock priced at $25. - 2312

Solution Posted by
Solution Detail
Price: $1.25
  • From: ,
  • Posted on: Mon 19 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

The expected dividend is $2.50 for a share of stock priced at $25. What is the cost of retained earnings if the long-term growth in dividends is projected to be 8%?

A.   25%

B.   18%

C.   10%

D.   8%

Solution Description

The expected dividend is $2.50 for a share of stock priced