Keys Inc's stock has a required rate of return of 12.24%, and it sells for $63 per share. Keys' dividend is expected to grow at a constant rate of 7.09% per year. What was Keys' last dividend, DO? 1. $1.12 2. $ 1.36 3. $3.03 4. $3.24 5. $1.24

Keys Inc's stock has a required rate of return of 12.24%, and it sells for $63 per share. Keys' dividend is expected to grow at a constant rate of 7.09% per year. What was Keys' last dividend, DO? 1. $1.12 2. $ 1.36 3. $3.03 4. $3.24 5. $1.24

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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