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A company has paid a dividend of $2 per share this year. The risk-free rate of return is 4%, and the expected return on the

A company has paid a dividend of $2 per share this year. The risk-free rate of return is 4%, and the expected return on the market portfolio is 14%. The beta of the company's stock is 1.25. If the company stock's intrinsic value is $21.00 today, what must be its growth rate?

A. 0.0% B. 1.65% C. 4% D. 6.37% E. 7%

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