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Q14. A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rr=6.5%, and

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Q14. A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rr=6.5%, and the expected constant growth rate is g=3.4%. What is the stock's current price? a. $22.39 b. $24.19 c. $27.29 d. $28.75 e. $29.22 Q15. Tubby Corp stock currently sells for $85 per share. The required rate of return on the stock is 13 percent. If the company maintains a constant 6 percent growth rate in its dividends, what was the most recent dividend per share (that is, D ) paid on the stock? a. \$1.65 b. $2.93 c. $3.88 d. $4.52 e. $5.61

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