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Author Question: Tootsie Roll Inc. pays annual dividends that are expected to grow in perpetuity at the rate of 2% ... (Read 61 times)

nummyann

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on: Apr 25, 2021
Tootsie Roll Inc. pays annual dividends that are expected to grow in perpetuity at the rate of 2% per annum. The next dividend is expected to be $1.50 and it will be paid in one year. The price of Tootsie Roll shares is currently $21.43. If you pay that price and hold Tootsie Roll shares, then what return do you expect to earn?
◦ 9%
◦ 8%
◦ 7%
◦ 10%
◦ 11%
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Marked as best answer by nummyann on Apr 25, 2021

jessofishing

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nummyann

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

frankwu0507

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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