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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

  1. 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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