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HueyUgger, Inc. retains 59 percent of its earnings and its return on equity is 13.2 percent and retains 59 percent. The company's stock price is
HueyUgger, Inc. retains 59 percent of its earnings and its return on equity is 13.2 percent and retains 59 percent. The company's stock price is currently sold for $38, and it just paid a dividend of $3.50. Answer the following questions. a. What is the company's growth rate? (Round to two decimal places.) b. The expected return for the company's stock will be % (Round to two decimal places.) c. Should you invest in the company's stock if your required rate of return from the company is 12 percent? (Select from the drop-down menu.)
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