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Tangshan China's stock is currently selling for $160.00 per share and the firmis dividends are expected to grow at 5 percent indefinitely. Assuming Tangshan China's

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Tangshan China's stock is currently selling for $160.00 per share and the firmis dividends are expected to grow at 5 percent indefinitely. Assuming Tangshan China's most recent dividend was 55.50, what is the required rate of return on Tangshan's stock? 7.3% 8.6% 9.5% 10.6%

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