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Picture SmartArt Text Box arrange Arrange Quick Styles Sensit Comprehensive Problem XYZ stock currently sells for $50 per share. The next expected annual dividend is

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Picture SmartArt Text Box arrange Arrange Quick Styles Sensit Comprehensive Problem XYZ stock currently sells for $50 per share. The next expected annual dividend is $2, and the growth rate is 6%. What is the expected rate of return on this stock? If the required rate of return on this stock were 12%, what would the stock price be, and what would the dividend yield be? 8-3 Notes Comments Ps P O X 26

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