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10. Elena is interested in buying Indigo Company's shares which are trading at $23 each. She heard that the company's current dividend of $2.8 is

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10. Elena is interested in buying Indigo Company's shares which are trading at $23 each. She heard that the company's current dividend of $2.8 is expected to continue for the foreseeable future. Given that the current market price of the shares exceed their intrinsic value by $4, the required rate of return is closest to: A. 12.17% B. 14.74% C. 10.37%

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