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A firm s stock is selling for $ 3 7 . 5 0 on January 1 st . One day earlier they paid a $

A firms stock is selling for $37.50 on January 1st. One day earlier they paid a $4 dividend and dividends are expected to grow at 6% per year. What is the required return?
a.10.50%
b.16.45%
c.14.99%
d.17.31%

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