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Suppose you know that Iboy's stock currently sells for $150 per share and next years dividend (one year from today) is $15. The growth rate
Suppose you know that Iboy's stock currently sells for $150 per share and next years dividend (one year from today) is $15. The growth rate of Iboys stock is 3%. The return on Iboy's bond is 4%. What is the required rate of return to Iboy stockholders? In other words, what is the return? Please give your answer in decimal form
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