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BYX Corp.just paid a $3.20 dividend to its common stockholders. You expect these dividends to grow at a constant annual rate of 5% indefinitely. Assume

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BYX Corp.just paid a $3.20 dividend to its common stockholders. You expect these dividends to grow at a constant annual rate of 5% indefinitely. Assume the risk-free rate is 3% and the market risk premium is 7%. At what rate do you expect the price of BYX common stock to increase? Select one: a. 10% 6.5% 0.7% 0.3%

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