Stockholders expected rate of return


Butler Corp paid a dividend of $3.50 per share. The dividend is expected to grow at a constant rate of 8% per year. If Butler Corp. Is selling for $75.60 per share, the stockholders' expected rate of return is _________

12.63%

12.53%

13.00%

14.38%

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Finance Basics: Stockholders expected rate of return
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