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Pilot Rock Brewery's common stock will pay a dividend of $6.00 next year. These dividends are expected to grbw at a rate of 3% in

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Pilot Rock Brewery's common stock will pay a dividend of $6.00 next year. These dividends are expected to grbw at a rate of 3% in the foreseeable future. Your required rate of return is 14% and the stock has a market price of $60. What is the expected return on Pilot Rock Brewery's common stock? 11% 10% 13% 14%

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