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In Dec 2020, the Yahoo! Finance website provided the following information for the stock of Zoracle: Trailing P/E: 13.89 Forward P/E: 15.21 Earnings growth rate:

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In Dec 2020, the Yahoo! Finance website provided the following information for the stock of Zoracle: Trailing P/E: 13.89 Forward P/E: 15.21 Earnings growth rate: 2.06% If you assume that the earnings growth rate represents the long -run earnings growth rate for the firm. what is the implied rate of return required by investors? Round your answer to the nearest tenth of a percent. 9.3% 10.3% 13.0% B. 6%

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