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Steady as she goes Inc.. will pay a year end dividend of $ 2 per share.investors expect the dividend to grow at a rate of

Steady as she goes Inc.. will pay a year end dividend of $ 2 per share.investors expect the dividend to grow at a rate of 5 % indefinitely. a.if the stock currently sells for $ 40 per share,what is the expected rate of return on the stock? b.if the expected rate of return on the stock is 15.5 percent ,what is the stock price??

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