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Suppose that you have just purchased a share of stock for $40. The most recent dividend was $2 and dividends are expected to grow at

Suppose that you have just purchased a share of stock for $40. The most recent dividend was $2 and dividends are expected to grow at a rate of 7% indefinitely. What must your required return be on the stock? 5.45% 13.65% 7.00% 12.35% 10.25%

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