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Tangshan Company's stock is currently selling for $83.00 per share. The expected dividend one year from now is $3.7 and the required return is 10.6

Tangshan Company's stock is currently selling for $83.00 per share. The expected dividend one year from now is $3.7 and the required return is 10.6 percent. If Tangshan's

dividends are expected to grow at a constant rate forever what dividend growth rate would make the stock value estimate equal to the stockprice? a) 7.8%

b) 6.1%

C) 6.7%

d) 7.2%

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