Solved: This dividend increases at an average rate of 460 percent, Finance Basics

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This dividend increases at an average rate of 460 percent

Cassandra Gas exploration recently paid a $3.22 per share annual dividend on its common stock, which is currently selling for $44.79 a share. This dividend increases at an average rate of 4.60% percent per year. What is the market rate of return on the stock?

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Finance Basics: This dividend increases at an average rate of 460 percent

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Finance Basics: This dividend increases at an average rate of 460 percent

Reference No:- TGS02381690

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