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0 x ent: HW - Ch 9 Assignment Score: 0.00% Save Submit Assignment for Grading MC.09.056 Question 11 of 16 . Check My Work Gray

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0 x ent: HW - Ch 9 Assignment Score: 0.00% Save Submit Assignment for Grading MC.09.056 Question 11 of 16 . Check My Work Gray Manufacturing is expected to pay a dividend of $1.25 per share at the end of the year (D. = $1.25). The stock sells for $27.50 per share, and its required 6 rate of return is 10.5%. The dividend is expected to grow at some constant rate g, forever. What is the equilibrium expected growth rate? a. 5.95% b. 5.549 C6.0194 d. 6.919 6.079 Check My Work

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