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An issue of common stock is selling for $57.00. The year-end dividend is expected to be $2.35, assuming a constant growth rate of 10%. What
An issue of common stock is selling for $57.00. The year-end dividend is expected to be $2.35, assuming a constant growth rate of 10%. What is the required rate of return?
a) 13.6 B) 16.1 C) 14.6 D) 14.1
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