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McKenna Motors is expected to pay a $ 4 per - share dividend at the end of the year McKenna Motors is expected to pay
McKenna Motors is expected to pay a $ pershare dividend at the end of the year
McKenna Motors is expected to pay a $4 per-share dividend at the end of the year (Dl $4). The stock sells for $29 per share and its required rate of return is 17.1 percent. The dividend is expected to grow at a constant rate, g, forever. What is the growth rate, g, for this stock? 0 3.51% 0 3.41% 0 3.31% 0 3.71%
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