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Builtrite Furniture just paid an annual dividend of $3.50 last week and investors' believe that dividends will continue to grow at a 7% rate into

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Builtrite Furniture just paid an annual dividend of $3.50 last week and investors' believe that dividends will continue to grow at a 7% rate into the future. The current price of Buitrite's common stock is $66. What return do investors' require of Builtrite stock? 12.13% 12.30% (O 12.67% 12.93%

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