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QUESTION 6 Madison common stock sells for $21.4/share and just paid a dividend of $2 per share. Dividends are expected to grow at a constant
QUESTION 6 Madison common stock sells for $21.4/share and just paid a dividend of $2 per share. Dividends are expected to grow at a constant 7% rate. Find the required rate of return. Round intermediate steps and your final answer to four decimals. Enter your answer in decimal format (EX: XXXX). QUESTION 7 ABC bonds were issued 20 years ago and carry a 5% coupon. These bonds mature in 5 years and currently sell for $878.34. Find the yield to maturity. Round intermediate steps and your final answer to four decimals and enter your answer in decimal format (EX: .XXXX). 5 points Save Answer 5 points Save
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