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Question Help 0 Common stock value Constant growth McCracken Roofing, Inc., common stock paid a dividend of $1.23 per share last year. The company expects

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Question Help 0 Common stock value Constant growth McCracken Roofing, Inc., common stock paid a dividend of $1.23 per share last year. The company expects earnings and dividends to grow at a rate of 6% per year for the foreseeable bure a. What required rate of return for this stock would result in a price per share of $307 b. McCracken expects both eamings and dividends to grow at an annual rate of 11%, what required rate of retum would result in a price per share of $30

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