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Tangshan? China's stock is currently selling for? $160.00 per share and the? firm's dividends are expected to grow at 5 percent indefinitely. Assuming Tangshan? China's
Tangshan? China's stock is currently selling for? $160.00 per share and the? firm's dividends are expected to grow at 5 percent indefinitely. Assuming Tangshan? China's most recent dividend was? $5.50, what is the required rate of return on? Tangshan's stock?
A. ?10.6%
B. ?8.4%
C. ?7.3%
D. ?9.5%
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