Business, 10.11.2019 01:31 Kenzie5755
Walter utilities is a dividend-paying company and is expected to pay an annual divident of $0.85 at the end of the year. itts dividend is expected to grow at a constant rate of 9.00%p per year. if walter's stock currently trades for $18.00 per share, what is the expected rate of return?
a. 13.72%
b. 8.32 %
c.9,04%
d. 9.47%
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Walter utilities is a dividend-paying company and is expected to pay an annual divident of $0.85 at...
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