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A common stock just paid a $4.00 dividend, expected to grow at 3%. If an investor pays $42 for the stock, what is the implied
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A common stock just paid a $4.00 dividend, expected to grow at 3%. If an investor pays $42 for the stock, what is the implied required return?
9.95%
11.08%
10.37%
12.81%
none of these
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