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47. If the current price of common stock is $55 per share and a current dividend of $3.00 per share, what is the required rate

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47. If the current price of common stock is $55 per share and a current dividend of $3.00 per share, what is the required rate of return on the stock if the growth rate in the dividend is expected to be 7% per year? a. 12.8% b.9.4% c.11.0% d. 15.2% e.none of the above which will tu annorlund

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