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CDK, Ind. just paid a dividend of $4 per share. It is anticipated that the company will maintain a 4.5 percent annual dividend growth rate.
CDK, Ind. just paid a dividend of $4 per share. It is anticipated that the company will maintain a 4.5 percent annual dividend growth rate. If a share of CDK, Inc. currently sells for $35.50 per share, what is required rate of return (Cost of equity)?
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