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Question 2 (1.25 points) Ginseng Inc is expected to pay a dividend of $1.00 per share at the end of the year. The stock sells
Question 2 (1.25 points) Ginseng Inc is expected to pay a dividend of $1.00 per share at the end of the year. The stock sells for $20.50 per share, and its required rate of return is 10.5%. The dividend is expected to grow at some constant rate, g, forever. What is the implied growth rate? 5.62% 4.40% 3.90% 4.94%
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