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Food - 20110x2:20) semi-annually ..14 Colosshotbit balcol Pont - 120l12y.x1000) Voo FU=1,000 31. Johnson's Company's common shares are selling for $80. They are expected to

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Food - 20110x2:20) semi-annually ..14 Colosshotbit balcol Pont - 120l12y.x1000) Voo FU=1,000 31. Johnson's Company's common shares are selling for $80. They are expected to pay a quarterly dividend of $1.40 and dividends should grow at a rate of 6% annually. What is your required rate of return on investment in Johnson's common shares? [4 Marks]

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