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I NEED HELP PLEASE The M&M Corp's common stock is currently trading for $36.00 per share. The stock is expected to pay a $3.25 dividend
I NEED HELP PLEASE
The M\&M Corp's common stock is currently trading for $36.00 per share. The stock is expected to pay a $3.25 dividend at the end of the year and the company's equity cost of capital is 10%. If the dividend payout rate is expected to remain constant, then what is the expected growth rate in the M\&M's earnings? Select one: a. 4% b. 3% c. 2% d. 10% Step by Step Solution
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