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Question 8 Not yet answered Marked out of 10.00 Estimate the annual required rate of return for BTO stock, using the Dividend Growth Model. BTO

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Question 8 Not yet answered Marked out of 10.00 Estimate the annual required rate of return for BTO stock, using the Dividend Growth Model. BTO just paid an annual dividend of $22.29 per share, and the concensus analyst estimate is that the dividend will grow at 6.6% each year. The current market value of BTO stock is $692.74 per share. Answer as a % to 2 decimal places (e.g., 12.34% as 12.34)

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