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9. The company expects to pay a dividend of $1.75 for its common stock this year and they have a constant growth rate of 9%.
9. The company expects to pay a dividend of $1.75 for its common stock this year and they have a constant growth rate of 9%. You require a 13% return on this stock. Based on this information, your expected return if you purchased the stock would be? The stock is selling for $40. a. $43.75 b. $40.00 c. 13.38% d. 13.00%
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