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10. Giraffe Inc. is expected to pay a $6 per one year from today (i.e., D = $6). The dividends are anticipated to maintain a

10. Giraffe Inc. is expected to pay a $6 per one year from today (i.e., D = $6). The dividends are anticipated to maintain a 6 percent growth rate per year forever. If the Giraffe stock currently sells for $60, what is the required rate of return on the Giraffe stock? i formule
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10. Giraffe Ine. is expected to pay a $6 per one year from today (i.e., D1=$6 ). The dividends are anticipated to maintain a 6 pereent growth rate per year forever. If the Giraffe stock currontly sells for $60. what is the required rate of return on the Giraffe stock

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