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A stock is trading at $76 per share. The stock is expected to have a year-end dividend of $4 per share ( D1=$4), which is

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A stock is trading at $76 per share. The stock is expected to have a year-end dividend of $4 per share ( D1=$4), which is expected to grow at some constant rate g throughout time. The stock's required rate of return is 15%. If you are an analyst who believes in efficient markets, what is your forecast of g ? Your Answer: Answer units

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