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Builtrite stock is currently selling for $40 and recently paid a dividend of $1.50. The stock has a projected constant growth rate of 12%. If

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Builtrite stock is currently selling for $40 and recently paid a dividend of $1.50. The stock has a projected constant growth rate of 12%. If you purchase this stock, what is your expected rate of return? 15.5% 15.8% 16.2% 16.7%

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