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An issue of common stock is selling for $57.40. The year-end dividend is expected to be $2.95, assuming a constant growth rate of 4%. What

An issue of common stock is selling for $57.40. The year-end dividend is expected to be $2.95, assuming a constant growth rate of 4%. What is the required rate of return? (Round your answer to 1 decimal place.) Multiple Choice 11.1 O 9.1 8.6 9.6

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