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16. Seven-Seas C0. just paid a dividend of $3 per share out of earnings of $5 per share. If its book value per share is

16. Seven-Seas C0. just paid a dividend of $3 per share out of earnings of $5 per share. If its book value per share is $40 and its market price is $52.50 per share, calculate the required rate of return on the stock. A. 12% B. 1 1% C. 5% D. 6%

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