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38.What is the expected constant growth rate of dividends for a stock currently priced at $50, that is expected to pay a dividend of $5

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38.What is the expected constant growth rate of dividends for a stock currently priced at $50, that is expected to pay a dividend of $5 next year, and has a required return of 20%? A) 13% B) 10% C) 11% D) 12% none of the above Answer: B $50 = $5/(.2 - g) g = 0.1=10%

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