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Estimate the annual required rate of return for BTO stock, using the Constant Dividend Growth Model. BTO just paid an annual dividend of $22.29 per

Estimate the annual required rate of return for BTO stock, using the Constant Dividend Growth Model. BTO just paid an annual dividend of $22.29 per share, and the concensus analyst estimate is that the dividend will grow at 6.6% each year. The current market value of BTO stock is $692.74 per share

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