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12 A company has a current stock market prce of $35 per share. Using the CAPM, you 13 determine an appropriate required rate of return
12 A company has a current stock market prce of
$35
per share. Using the CAPM, you 13 determine an appropriate required rate of return of
9.5%
. Assuming the 14 company's current dividend growth rate of
3%
is perpetual, what was its latest 15 dividend? Hint: this is a reverse engineering type problem.
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