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The market price of a stock is $36.86 and it is expected to pay a $3.60 dividend next year. The dividend is expected to grow
The market price of a stock is $36.86 and it is expected to pay a $3.60 dividend next year. The dividend is expected to grow at 3.88% forever. What is the required rate of return for the stock? Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)) The market price of a stock is $54.12 and it just paid $5.12 dividend. The dividend is expected to grow at 3.27% forever. What is the required rate of return for the stock? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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