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Question 3 1 pts Steady Corporation's common stock promises to pay a constant dividend of $2 annually. Steady's common stock price per share is $30,

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Question 3 1 pts Steady Corporation's common stock promises to pay a constant dividend of $2 annually. Steady's common stock price per share is $30, and you estimate a required rate of return of 11% on the stock. Assuming you have the funds and the desire to invest in the stock market, should you buy this stock? Yes, because you should only by the stock when its stock price equals its market price, according to market efficiency Yes, because the stock price is greater than the expected price Can't tell from the information given No, because the expected price is lower than the market price

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