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8 A firm pays a $1.60 dividend at the end of year one. It has a share price of $50 (Po) and a constant growth

8 A firm pays a $1.60 dividend at the end of year one. It has a share price of $50 (Po) and a constant growth rate (g) of 10 percent a. Compute the required (expected) rate of return (K.). (Do not rou...

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