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ABC, Inc stock is currently selling for $42.86. They are expected to pay a dividend of $3.00 at the end of the year. Dividends are
ABC, Inc stock is currently selling for $42.86. They are expected to pay a dividend of $3.00 at the end of the year. Dividends are expected to grow at a constant rate of 3% indefinitely. What is the required rate of return on ABC stock? Select one: O a. 7% O b. 10% O c.4.3% O d. 33%
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