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Franklin Corporation is expocted to pay a dividend or $1.25 per shure at the end of the year (D1=$1.25). The stock sells for $32.50 per

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Franklin Corporation is expocted to pay a dividend or $1.25 per shure at the end of the year (D1=\$1.25). The stock sells for $32.50 per share, and its required nate of return is 10.5%. The dividend is expected to grow at some constant rate. g. forever. What is the equilibriu expected growil rite

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