[Solved] 12. The current price of XYZ stock is $80

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12. The current price of XYZ stock is $80.00. Dividends are expected to grow at 5% indefinitely and the most recent dividend was $2.75. What

12. The current price of XYZ stock is $80.00. Dividends are expected to grow at 5% indefinitely and the most recent dividend was $2.75. What is the required rate of return on XYZ stock? a. 7.3% b. 8.6% C. 9.5% d. 10.6% e. 1 1.2%

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