Crunchy Cookies Ltd. had its stock selling for $30 last year and it paid $1/share...
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Finance
Crunchy Cookies Ltd. had its stock selling for $30 last year and it paid $1/share dividend at that time. Its investors expect a 7% return. Bridal Art believes its dividends will grow at a constant rate for an indefinite future. What is the growth rate?
a.
5.34%
b.
All options are incorrect
c.
4.34%
d.
3.54%
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