Petrified
Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per
share. If the stock is currently selling for $21.25 per share, what is
the expected rate of return on this stock?
A. 12.5% B. 36.13%
C. 8.0% D. 13.6%
A. 12.5% B. 36.13%
C. 8.0% D. 13.6%
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