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Business, 19.02.2021 03:00 hewonabi123

The common stock of Eddie's Engines, Inc. sells for $18 a share. The stock is expected to pay $1.58 per share next month when the annual dividend is distributed. Eddie's has established a pattern of increasing their dividends by 2.8% annually and expects to continue doing so. What is the market rate of return on this stock

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The common stock of Eddie's Engines, Inc. sells for $18 a share. The stock is expected to pay $1.58...
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