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24. Dominion Tool Company is expected to pay a dividend of $2 in the upcoming year. The risk-free rate of return is 4% and the

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24. Dominion Tool Company is expected to pay a dividend of $2 in the upcoming year. The risk-free rate of return is 4% and the expected return on the market portfolio is 14%. Analysts expect the price of Dominion Tool Company shares to be $22 a year from now. The beta of Dominion Tool Company's stock is 1.25. The market's required rate of return on Dominion's stock is . A. 14.0% B. 17.5% C. 16.5% D. 15.25% E. none of these

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