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Question 45 (1 point) A firm will pay a dividend of $3.50 in one year. The stock is currently priced at $60 and the firm's
Question 45 (1 point) A firm will pay a dividend of $3.50 in one year. The stock is currently priced at $60 and the firm's cost of equity capital is 12.0%. What constant rate of growth in the firm's annual dividend is implied by the firm's share price? 3.08% 6.17% 5.83% 7.00% 5.14%
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