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Question 14 1 pts Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $16.00 per share. Goode's dividend is

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Question 14 1 pts Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $16.00 per share. Goode's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, Do? $0.56 $0.67 O $0.77 O $0.75 O $0.76 Question 15 1 pts Sorenson Corp's expected year-end dividend is D1 - $3.00, its required return is rs - 11.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is Sorenson's expected stock price in 7 years, le, what is p7? @ $70.36 $73.17

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