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Question 2 (of 10) r. Save & Exit 11 Submit for $46 with an estimated discount rate of 16 percent. Analysts estimate next year's dividend

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Question 2 (of 10) r. Save & Exit 11 Submit for $46 with an estimated discount rate of 16 percent. Analysts estimate next year's dividend at $3.10 and Hardball plans to reinvest 75 percent of its earnings back into the business. What is Hardball's rate of return on its reinvested earnings (R OE)? 4 6% o 6.95% 9.26% O 12.35% 21.33% eBook & Resources Go to LO3

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