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GEC is expected to maintain a constant dividend of 3.7% growth rate in its dividends indefinitely. If the firm has a dividend yield of 5.6%,
GEC is expected to maintain a constant dividend of 3.7% growth rate in its dividends indefinitely. If the firm has a dividend yield of 5.6%, what is the required return on the firm stock?
Select one:
a. 9%
b. 9.5%
c. 9.3%
d. 10%
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