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Question 3 The stock price if Samuelson, Inc., is $72. Investors require a 12 percent rate of return on similar stocks. If the company plans
Question 3
The stock price if Samuelson, Inc., is $72. Investors require a 12 percent rate of return on similar stocks. If the company plans to pay a dividend of $2.88 next year, what growth rate is expected for the companys stock price?
Group of answer choices
8 percent
8.5 percent
9 percent
9.5 percent
10 percent
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