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Homework: HMSQ 2.3 Save core: 0 of 2 pts 3 of 7 (1 complete) HW Score: 952%, 133 of 14 p 7-9 (similar to) Question

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Homework: HMSQ 2.3 Save core: 0 of 2 pts 3 of 7 (1 complete) HW Score: 952%, 133 of 14 p 7-9 (similar to) Question Help Common stock value-Constant growth McCracken Roofing, Inc., common stock paid a dividend of 51.19 per share last year. The company expects canings and dividends to grow at a rate of 7% per year to the foreseeable 3. What required rate of retum for this stock would result in a price per share of 530? b. McCracken expects both earnings and dividends to grow at an annual rate of 11%, what required rate of return would result in a price per share of 5307 .. The required rate of return for the stock. In order to result in a price per share of 530,19 I (Round to be decimal places) future Enter your answer box and then check 1 G o Type here to search

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