Atlantis Seafood Company stock currently sells for ($70) per share. The company is expected to pay a
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Atlantis Seafood Company stock currently sells for \($70\) per share. The company is expected to pay a dividend of \($4\) per share next year, and analysts project that dividends should increase at 4 percent per year for the indefinite future. What must the relevant discount rate be for Atlantis stock?
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