Business, 29.11.2020 15:20 Blakemiller2020

CDB stock is currently priced at $82. The company will pay a dividend of $4.65 next year and investors require a return of 10.9 percent on similar stocks. What is the dividend growth rate on this stock? a. 5.67%
b. 5.23%
c. 4.88%
d. 4.96%
e. 4.97%

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CDB stock is currently priced at $82. The company will pay a dividend of $4.65 next year and investo...