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IBM expects to pay a dividend of 56 48 next year and expects these dividends to grow at 5% a year. The price of IBM

IBM expects to pay a dividend of 56 48 next year and expects these dividends to grow at 5% a year. The price of IBM in 5 115 per share What is Ms required rate of return? 09 20% 10.63% 10.92% 10.35%

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