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A stock is selling at $43.75.The company just paid a $2.00 dividend. The rumor is that the dividend will be $2.205 next year. The dividend

A stock is selling at $43.75.The company just paid a $2.00 dividend. The rumor is that the dividend will be $2.205 next year. The dividend growth rate is expected to remain constant at the level. What is the required rate of return on the stock? Due today

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