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b. Astock's price is $50. The upcoming year's annual dividend is expected to be $2.00 (D1). The annual growth in dividends is 5%. What required

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b. Astock's price is $50. The upcoming year's annual dividend is expected to be $2.00 (D1). The annual growth in dividends is 5%. What required (expected) return (discount rate, r)is being used by the market to value the stock? (4)

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