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A firm's stock is selling for $27. It just paid a $2 dividend, and dividends are expected to grow at 3% per year. What is
A firm's stock is selling for $27. It just paid a $2 dividend, and dividends are expected to grow at 3% per year. What is the firm's required return on equity? (Provide answer in %. For example, if your answer is 5.23%, write in 5.23 and do not write 0.0523!)
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