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please answer ASAP for a good rating! A company's stock is currently selling for $160.00 per share and the company's dividends are expected to grow
please answer ASAP for a good rating!
A company's stock is currently selling for $160.00 per share and the company's dividends are expected to grow at five percent indefinitely. Assuming the company's most recent dividend was $5.50, what is the required rate of return on the company's stock? 9.5% 8.6% 10.6% none of the given answers is correct 7.3% Step by Step Solution
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