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Salish Inc. is planning to pay a dividend of $1.65 per share next year. The dividends are anticipated to maintain a. 3 percent growth rate

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Salish Inc. is planning to pay a dividend of $1.65 per share next year. The dividends are anticipated to maintain a. 3 percent growth rate in the foreseeable future. If the stock currently sells for $40 per share, what is the required retum on the stock? 300x 6.31% 7.13% 4.13x

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