1. Roy's Welding common stock sells for $48.96 a share and pays an annual dividend that increases by 2.5 percent annually. The market rate of return on this stock is 14.6 percent. What is the amount of this year's dividend paid last week?
A. $5.78 B. $4.98 C. $4.80 D. $5.64 0.833 points
2. Roy's Welding common stock sells for $48.96 a share and pays an annual dividend that increases by 2.5 percent annually. The market rate of return on this stock is 14.6 percent. What is the amount of this year's dividend just paid?
A. $5.78 B. $5.64 C. $4.98 D. $4.80