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20. Manitoba Network Operators (MNO) is expected to pay a dividend next year of $8.06 per share. Both sales and profits for Pale Hose are
20. Manitoba Network Operators (MNO) is expected to pay a dividend next year of $8.06 per share. Both sales and profits for Pale Hose are expected to grow at a rate of 2% per year indefinitely. Its dividend is expected to grow by the same amount. If an investor is currently willing to pay $62.00 per one MNO share, what is her required return for this investment
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