20-A stock has market price of OMR 149; required rate of return is at 12% and dividend growth rate is at 5%. How much is current dividend of the stock? a. OMR 10.43 b. OMR 9.33 c. OMR 25.33 d. OMR 7.45 Clear my choice

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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20-A stock has market price of OMR 149; required rate of return is at 12% and dividend growth rate is at 5%. How much is current dividend of the stock?
a.
OMR 10.43
b.
OMR 9.33
c.
OMR 25.33
d.
OMR 7.45
Clear my choice
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