Roys welding supplies common stock sells for 38 a share and


Roy's Welding Supplies common stock sells for $38 a share and pays an annual dividend that increases by 3 percent annually. The market rate of return on this stock is 8.20 percent. What is the amount of the last dividend paid?

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Finance Basics: Roys welding supplies common stock sells for 38 a share and
Reference No:- TGS0599198

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