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please show work What would you estimate to be the required rate of return for equity investors if a stock sells for $40 and just

please show work

What would you estimate to be the required rate of return for equity investors if a stock sells for $40 and just paid a $4.40 dividend that is expected to grow at a constant rate of 5%?

7.6%

12.0%

16.5%

16.0%

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