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Creamy Custard common stock is currently selling for $79.00. It is EXPECTED to pay a dividend of $4.60 and dividends are expected to grow at

Creamy Custard common stock is currently selling for $79.00. It is EXPECTED to pay a dividend of $4.60 and dividends are expected to grow at a rate of 5% indefinitely. What is the required rate of return on Creamy Custard's stock?

10.82%

11.11%

14.21%

11.76%

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