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Allergan Industries' stock is currently selling for $93 and is expected to pay a dividend of D 1 = $2.76 per share at the end

Allergan Industries' stock is currently selling for $93 and is expected to pay a dividend of D1 = $2.76 per share at the end of the year, and that dividend is expected to grow at a constant rate of, g. The companys beta is 0.46, the market risk premium is 7.0% and the risk-free rate is 2.25%.

What is the required rate of return?

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