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Question 1 5 ( 1 point ) The current price of NoGro, Inc. stock is $ 8 0 . 0 0 . Dividends are expected

Question

15 (1

point

)

The current price of NoGro, Inc. stock is $

80.00 .

Dividends are expected to grow at

5 %

indefinitely and the most recent dividend was $

2.75 (D_{0}) .

What is the required rate of return on NoGro stock?

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