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Granger Corp. stock currently sells for $ 4 8 . 2 9 per share. The required return on the firm's stock is 1 3 %
Granger Corp. stock currently sells for $ per share. The required return on the firm's stock is and the company maintains a constant percent growth rate in dividends. If you firmly believe Granger's stock is overpriced, what is the expected return on this stock?
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E Less than is all you can say.
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