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Aegenus Corp. has a current stock price of $86 and analysts expect earnings will grow at a stable rate of 15%. Aegenus just paid an

Aegenus Corp. has a current stock price of $86 and analysts expect earnings will grow at a stable rate of 15%. Aegenus just paid an annual divided on $3.09 per share. Attempt 1/2 for 5 pts. Part 1 What is the market capitalization rate implied by Aegenus' current price and dividend forecasts?

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