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6. J rate of 5%. If the current price of J corpo corporation currently pays a dividend of $1.22 per share, which is expected to
6. J rate of 5%. If the current price of J corpo corporation currently pays a dividend of $1.22 per share, which is expected to grow at a constant ration is $32.03 per share, what is the required rate of return on the stock? a. 9.0% b. 11.2% c. 6.5% d. 22.5%
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