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answer correctly please Assume ExxonMobil's price dropped to $39 overnight Given the dividend growth rate of ExxonMobil of 6.00% and the last annual dividend of
answer correctly please
Assume ExxonMobil's price dropped to $39 overnight Given the dividend growth rate of ExxonMobil of 6.00% and the last annual dividend of $1.44, what is the implied required rate of return necessary to justify the new lower market price of $397 What is the implied required rate of retum necessary to justify the new lower market price of 539? % (Round to two decimal places.)Step by Step Solution
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