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Suppose a stock pays 1.5 next quarter, then 1.55625, 1.614609375, and 1.6751572265625 followed by steady growth of 1.75% per quarter. If the market price of

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Suppose a stock pays 1.5 next quarter, then 1.55625, 1.614609375, and 1.6751572265625 followed by steady growth of 1.75% per quarter. If the market price of the stock is 233.609013671875 what is the implied required rate of return

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