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1 of 1 Question 1 of 5 3 Points (Stocks) A stock with the required rate of return of 14.16% is expected to pay a

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1 of 1 Question 1 of 5 3 Points (Stocks) A stock with the required rate of return of 14.16% is expected to pay a $0,85 dividend over the next year. The dividends are expected to grow at a constant rate forever. The intrinsic value of the stock is $21.93 per share. What is the constant growth rate (in 9 to the nearest 0.01967 Egy if your answer is 4.236, record it as 4.24

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