What is the amount of the next dividend, Accounting Basics

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What is the amount of the next dividend

Problem:

The common stock of Kangaroo Tours is selling for $77.41 a share and has a 13.1 percent rate of return. One-third of the return on this stock is derived from dividends and the other two-thirds are derived from capital gains.

Required:

Question: What is the amount of the next dividend?

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Accounting Basics: What is the amount of the next dividend

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Accounting Basics: What is the amount of the next dividend

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