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The current dividend yield of CyTrades stock is 3%. The company just paid a $1.48 annual dividend today and will pay a dividend of $1.54

The current dividend yield of CyTrades stock is 3%. The company just paid a $1.48 annual dividend today and will pay a dividend of $1.54 next year. The dividend growth rate is expected to remain at the current level. What is the required rate of return on the stock? A.6.55% B.6.82% C.7.05% D.7.39%

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