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32. An issue of common stock is selling for $57.60. The year end dividend is expected to be $2.95 assuming a constant growth rate of
32.
| An issue of common stock is selling for $57.60. The year end dividend is expected to be $2.95 assuming a constant growth rate of 5%. What is the required rate of return? (Round your answer to 1 decimal place.) |
10.6
12.1
9.6
10.1
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