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55. Gamble and Johnson's (GJ) common shares are selling for $52.50. They are expected to pay a dividend of $2.25 next year and dividends should

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55. Gamble and Johnson's (GJ) common shares are selling for $52.50. They are expected to pay a dividend of $2.25 next year and dividends should grow at a rate of 7% annually. What is your required rate of return on an investment in GI common shares? A. 11.30% B. 19.25% C. 12.00% D. 15.75%

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