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av/pid-223685 1-dt-content-rid-15630687_1 /courses/20 19 101 1 553/Assignment%2096232.pdf 9. ABC Corporation stock is currently selling for $64.00. The stock is expected to pay a dividendof $5.75

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av/pid-223685 1-dt-content-rid-15630687_1 /courses/20 19 101 1 553/Assignment%2096232.pdf 9. ABC Corporation stock is currently selling for $64.00. The stock is expected to pay a dividendof $5.75 at the end of the year. Dividends are expected to grow at a constant rate of 8.5% indefinitely. Compute the expected rate of return on ABC Corporation stock. Submit your answer as a percentage and round to two decimal places 10. XYZ Corp. just paid a dividend today of $8.60 per share. The dividend is expected to grow at a constant rate of 2.8% per year. If XYZ Corp. stock is selling for $22.00 per share, what is the stockholders' expected rate of return? Submit your answer as a percentage and round to two decimal places

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