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ABC Limited will pay a $6.51 dividend next year (t=1) on its ordinary shares. The shares are currently selling at $44.43 per share. What is
ABC Limited will pay a $6.51 dividend next year (t=1) on its ordinary shares. The shares are currently selling at $44.43 per share. What is the market's required return on this investment if the dividend is expected to grow at 3% forever? (as a percentage to nearest two decimal places; don't use % sign) Answer:
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