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Builtrite common stock is currently selling for $45 and recently paid a dividend of $3.00. The stock has a projected constant growth rate of 9%.

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Builtrite common stock is currently selling for $45 and recently paid a dividend of $3.00. The stock has a projected constant growth rate of 9%. If you purchase this stock, what is your expected rate of return? 15.67% O 15.31% O 16.1% O 16.27%

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