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The following data apply to the next two questions Cance Developers reported earnings per share of $2.40 in 2020, and paid dividends per share of $100. The amongan 75% a year over the prior five years and were expected to grow 6% a year in the long term starting 2021) The stock had a beard 105 and traded for ten times earnings. The treasury bond rate was 7%. The MRP was 5.5% What long-term growth rate is implied in the firm's current P/E ratio? O a 7.50% Ob 7.25% Oc8.50% Od 8.75% D. None of the above o Unsure