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A stock has just issued a dividend of $1.53 per share. This dividend is expected to grow at 2.25% annually forever. If you purchase this

A stock has just issued a dividend of $1.53 per share. This dividend is expected to grow at 2.25% annually forever. If you purchase this stock for $38.10 today, what will be your IRR on this investment?

Question 27 options:

5.88%

6.04%

6.20%

6.36%

6.52%

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