Business, 14.07.2020 01:01 bnnn

The common stock of Eddie's Engines, Inc., sells for $45.08 a share. The stock is expected to pay a dividend of $3.50 per share next year. Eddie's has established a pattern of increasing their dividends by 5.6 percent 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 $45.08 a share. The stock is expected to pay a...