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Bugatti, Inc just paid a dividend of $3.40 (i.e., D0=3.40 ) and its current stock price is $48. The discount rate for the company is

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Bugatti, Inc just paid a dividend of $3.40 (i.e., D0=3.40 ) and its current stock price is \$48. The discount rate for the company is 11%. If the market expects Bugattrs dividends to grow at a constant rate forever, then the growth rate must be 1) 4.06 2) 3.26 3) 4.86 4) 4.46 5) 3.66 6) None of the given answers for this question are within 0.05 points of the correct

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