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Builtrite common stock is currently selling for $62 and recently paid a dividend of $2.80. The stock has a projected constant growth rate of 8%.

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Builtrite common stock is currently selling for $62 and recently paid a dividend of $2.80. The stock has a projected constant growth rate of 8%. If you purchase this stock, what is your expected rate of return? 12.88%12.52%12.29%11.87%

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