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Question 20 of 20 - / 1 View Policies Current Attempt in Progress Wildhorse, Inc., is expected to grow at a constant rate of 5.00
Question 20 of 20 - / 1 View Policies Current Attempt in Progress Wildhorse, Inc., is expected to grow at a constant rate of 5.00 percent. If the company's next dividend, which will be paid in a year, is $1.68 and its current stock price is $22.35, what is the required rate of return on this stock? (Round intermediate calculations to 4 decimal places, eg. 1.5325 and final answer to 2 decimal places, eg. 17.54%.) Rate of return % Save for Later Attempts: 0 of 1 used Submit Answer Using multiple attempts will impact your score. 50% score reduction after attempt 2
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