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Gamble and Johnson's (GJ) common shares are selling for $52.50. They recently paid an annual dividend of $2.25 and dividends should grow at a rate

Gamble and Johnson's (GJ) common shares are selling for $52.50. They recently paid an annual dividend of $2.25 and dividends should grow at a rate of 7% annually. What is your required rate of return on an investment in GJ common shares?

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