QUESTION 4 What is the expected annual return for a stock that is priced at $64.78, is expected to pay a dividend of $2.00 every quarter forever, and is expected to pay its next dividend in 3 months? O 12.35% (plus or minus 2 bps) 3.09% (plus or minus 2 bps) 12.93% (plus or minus 2 bps) 6.17% (plus or minus 2 bps) the answer cannot be obtained based on the given information

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
Author:MOYER
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Chapter8: Analysis Of Risk And Return
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QUESTION 4
What is the expected annual return for a stock that is priced at $64.78, is expected to pay a dividend of $2.00 every quarter forever, and is expected to pay
its next dividend in 3 months?
O 12.35% (plus or minus 2 bps)
O3.09% (plus or minus 2 bps)
O 12.93% (plus or minus 2 bps)
O6.17% (plus or minus 2 bps)
O the answer cannot be obtained based on the given information
Transcribed Image Text:QUESTION 4 What is the expected annual return for a stock that is priced at $64.78, is expected to pay a dividend of $2.00 every quarter forever, and is expected to pay its next dividend in 3 months? O 12.35% (plus or minus 2 bps) O3.09% (plus or minus 2 bps) O 12.93% (plus or minus 2 bps) O6.17% (plus or minus 2 bps) O the answer cannot be obtained based on the given information
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