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Sun Tans pays a constant annual dividend. Over the past year, the price on this firm's stock decreased. Given this information you know that over

Sun Tans pays a constant annual dividend. Over the past year, the price on this firm's stock decreased. Given this information you know that over the past year:

The firm got less risky.

The economy experienced deflation.

The required return had to decrease.

The required return had to increase.

The capital gains rate had to decrease.

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