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Question 24 Bhernandez Corporation's stock is currently selling for $58.00. It is expected to pay a dividend of $5.00 at the end of the year.

Question 24 Bhernandez Corporation's stock is currently selling for $58.00. It is expected to pay a dividend of $5.00 at the end of the year. Dividends are expected to grow at a constant rate of 7.5% indefinitely. Compute the required rate of return on Bhernandez Corporation stock A 12.48 O, 15.65 c 13.64% 16.12 None of the above

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