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- 12 2.5 points A stock is trading for a share price of $21.76. You expect it to pay a dividend of $1.53 exactly one
- 12 2.5 points A stock is trading for a share price of $21.76. You expect it to pay a dividend of $1.53 exactly one year from now, and you expect future annual dividends to grow at 3.6% per year indefinitely. Under the Efficient Market Hypothesis, what is the best guess of the stock's required rate of return?Enter your answer as a decimal and show for decimal places. That is, if your answer is 12.5%, enter 1250. Type your answer... Next
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