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The current price of Canton, Inc. stock is $66.00. Canton just paid a dividend of $5.00. Dividends are expected to grow at a constant rate
The current price of Canton, Inc. stock is $66.00. Canton just paid a dividend of $5.00. Dividends are expected to grow at a constant rate of 6% indefinitely. What would be the required rate of return on Canton's stock? O A. 14.03% OB. 16.12% O C. 15.64% OD. 12.48%
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