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Thank you! A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rs
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A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rs = 5.0%, and the expected constant growth rate is g = 1.5%. What is the stock's current price? $21.43 O $50.00 $21.75 Step by Step Solution
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