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Suppose a firms stock is selling for $36.70. They just paid a $3.15 dividend and dividends are expected to grow at 4% per year. What

Suppose a firms stock is selling for $36.70. They just paid a $3.15 dividend and dividends are expected to grow at 4% per year. What is the required return?

A) 4%

B) 8.748%

C) 8.583%

D) 12.583%

E) 12.926%

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