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Investors require a 10% rate of return on the common stock of Plants and Trees, Inc., which is selling for $51.30per share. What is the
Investors require a 10% rate of return on the common stock of Plants and Trees, Inc., which is selling for $51.30per share. What is the growth rate of the firm if the company plans to pay an annual dividend of $2.10 a share next year?
| a. | 6.50% |
| b. | 6.08% |
| c. | 5.37% |
| d. | 5.49% |
| e. | 5.91% |
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
