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Please give answer using financial calculator, or simplest way with the formula , no excel, thanks! A firm has just paid a $6.00 annual dividend.

image text in transcribedPlease give answer using financial calculator, or simplest way with the formula , no excel, thanks!

A firm has just paid a $6.00 annual dividend. The dividend is projected to grow at 4.50% per year indefinitely. If the stock sells today for $200.00, what is the required rate of return on the stock? a. 4.50% b. 10.46% c. 6.76% d. 7.50% e. 7.64%

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