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Jason concludes that Violet Companys shares are accurately priced at their current market value of $55. Given that the companys current dividend of $4.80 is
Jason concludes that Violet Companys shares are accurately priced at their current market value of $55. Given that the companys current dividend of $4.80 is expected to grow at 10% forever, the required rate of return is closest to: Multiple Choice
18.73%
19.6%
8.73%
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