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Answer this asap please ill rate!! Sparks Corp. is expected to pay an dividend per share of $2 in one year. The dividend is expected
Answer this asap please ill rate!!
Sparks Corp. is expected to pay an dividend per share of $2 in one year. The dividend is expected to grow at an annual growth rate of 4%. Its current stock price is $40. Using a dividend-discount model, what is the required rate of return of Sparks Corp.?
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