Centex Corporation stock is currently selling for $42.00. It is expected to pay a dividend of $4.62 at the end of the year. Dividends are expected to grow at a constant rate of 6.0% indefinitely. Compute the required rate of return on Centex Corporation stock. 17.66% 15.64% 11.0896 17.00% All of the following are advantages of the internal rate of return (IRR) EXCEPT considers all of a project's cash flows. often will provide multiple rates of return (more than one IRR) incorporates the time value of money (TVM) expressed as a percentage for easy comparison of mutually exclusive projects