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Question 32 2.5 pts Tom and Jack's common stock sells for $36, and its dividends are expected to grow at a rate of 8 percent

Question 32 2.5 pts Tom and Jack's common stock sells for $36, and its dividends are expected to grow at a rate of 8 percent annually. What is the expected dividend (D) given that an investor requires a retum of 16 percent? 52.88 $2.96 $2.47 53.52

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