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Shares of Luna Sea Hotels Inc. currently sell for $42.24. Yesterday, Luna Sea paid a dividend of $0.82 per share. Assume that the growth rate

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Shares of Luna Sea Hotels Inc. currently sell for $42.24. Yesterday, Luna Sea paid a dividend of $0.82 per share. Assume that the growth rate of dividends will be 7.6% and that dividends will grow at a constant rate forever. Given this, what is the implicit return of the stock? The implicit return of the stock is: (Select the best choice below.) A. 12.6% B. 9.7% C. 13.6% O D. 4.9%

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