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D. In an attempt to diversify his investment portfolio, the potential investor saw a stock of a company on the JSE currently being traded at

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D. In an attempt to diversify his investment portfolio, the potential investor saw a stock of a company on the JSE currently being traded at $400 per share. The company last paid out dividend of $10/share. The dividend of the stock is expected to maintain a 15% growth rate. Calculate the required rate of return for the stock

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