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Please solve in solve in EXCEL and show work . Last year, LOD paid a dividend of $.60 per share. Dividends are expected to grow

Please solve in solve in EXCEL and show work

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. Last year, LOD paid a dividend of $.60 per share. Dividends are expected to grow at 6% forever. The current price is $48 per share. What is the required rate of return (R) for LOD

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