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Step by step instructions for each 4. Longhorn Corporation paid a $3.00 dividend recently and the market price of the stock is $55. If the

Step by step instructions for each

4. Longhorn Corporation paid a $3.00 dividend recently and the market price of the stock is $55. If the required rate of return for investors is 9%, what growth rate would the company have to provide the investors? a,3.36% 1.61% c. 4.50% d. 2.68%

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