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Posted on Oct 07, 2024

Suppose a company is expected to pay a dividend of $ 1 2 . 2 8 next year. The dividend is expected to grow at

Suppose a company is expected to pay a dividend of $

12.28

next year. The dividend is expected to grow at

9.2 %

each year. If the stock is currently selling for $

205.68,

what is the required rate of return on the stock?

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