Last year, Logistics paid an annual dividend of $2.20 and announced that all future dividends would be $2.25 a share indefinitely. What is your required rate of return if you are willing to pay $15.25 a share for this stock

14.75%

Explanation:

Calculation for the required rate of return

Using this formula

Required rate of return=Future Dividend/Share amount

Let plug in the formula

Required rate of return= 2.25 / 15.25

Required rate of return= .1475 *100

Required rate of return=14.75%

Therefore the Required rate of return is 14.75%

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

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