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Calculate the required rate of return on a companys stock that has the following characteristics: (a) Constant Growth Rate: 5%, (b) Price: $25.00, and (c)

Calculate the required rate of return on a companys stock that has the following characteristics: (a) Constant Growth Rate: 5%, (b) Price: $25.00, and (c) Dividend (Has Been Paid): $5.00.

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