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3 An issue of common stock is selling for $57.00. The year-end dividend is expected to be $3.35, assuming a constant growth rate of 9%.

3 An issue of common stock is selling for $57.00. The year-end dividend is expected to be $3.35, assuming a constant growth rate of 9%. What is the required rate of return? (Round your answer to 1 decimal place.) Multiple Choice 14.4 16.9 14.9 15.4

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