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4. Hercules Capital (ticker:HTGC) will pay a dividend of $1.28 per share in one year. The stock's recent closing price was $13.20. If dividends are

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4. Hercules Capital (ticker:HTGC) will pay a dividend of $1.28 per share in one year. The stock's recent closing price was $13.20. If dividends are expected to grow at 4% per year, what is the estimated expected return for the stock? In other words, what is the estimated discount rate? (4 points)

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