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QUESTION 14 The current price of XYZ stock is $80.00. Dividends are expected to grow at 5% indefinitely and the most recent dividend was $2.82.
QUESTION 14 The current price of XYZ stock is $80.00. Dividends are expected to grow at 5% indefinitely and the most recent dividend was $2.82. What is the required rate of return on XYZ stock? O 8.7% 11.2% O 10.6% O 7.3% O 9.5%
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Public Finance
Authors: Laurence S. Seidman
1st Edition
0073375748, 978-0073375748
