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QUESTION 16 Greg Inc. company stock is expected to grow at a constant rate indefinitely. The company stock is currently priced at $50 and just
QUESTION 16 Greg Inc. company stock is expected to grow at a constant rate indefinitely. The company stock is currently priced at $50 and just paid a dividend of $4. If the required rate of return is 18%, what is the constant growth rate for Greg Inc.? (Hint: if you're stuck, plug in the choices). A. 3.41% B. 5.50% OC. 9.26% D. 12.5%
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