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An issue of common stock is selling for $57.90. The year-end dividend is expected to be $1.95, assuming a constant growth rate of 9%. What

An issue of common stock is selling for $57.90. The year-end dividend is expected to be $1.95, assuming a constant growth rate of 9%. What is the required rate of return? Note: Round your answer to 1 decimal place. Multiple Choice 11.9 14.4 12.4 12.9

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