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A stock is expected to pay a dividend of $3.00 next year. Dividends are expected to grow at an annual rate of 4% What is

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A stock is expected to pay a dividend of $3.00 next year. Dividends are expected to grow at an annual rate of 4% What is the required rate of return on the stock if the current market price is $50.00? 14% 11.5% 010% 9% 08.29%

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