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A company is expected to pay a $4.7 per-share dividend at the end of the year (D.). The stock sells for $56 per share and

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A company is expected to pay a $4.7 per-share dividend at the end of the year (D.). The stock sells for $56 per share and shareholders' required rate of return is 15%. The dividend is expected to grow at a constant rate forever. What is the growth rate for this stock? Select one: O a. 6.6% Ob. 23.4% O c. 1.3% O d. 8.4% Oe. None of the answers are correct

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