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1.creamy Custard common stock is currently selling for $79.00. It is expected to pay a dividend of $4.60 and dividends are expected to grow at
1.creamy Custard common stock is currently selling for $79.00. It is expected to pay a dividend of $4.60 and dividends are expected to grow at a rate of 5% indefinitely. What is the required rate of return on Creamy Custard's stock?
10.82%
11.76%
11.11%
14.21%
FC stock is currently selling for $34.00. It paid end of the year dividend of $2.00 per share. Dividends are expected to grow at a constant rate of 4.5% indefinitely. Compute the expected rate of return on FFC stock.
10.65%
11.42%
12.43%
10.38%
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