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The next dividend payment by Carroll, Inc., will be $1.90 per share. The dividends are anticipated to maintain a 5.5 percent growth rate, forever. If

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The next dividend payment by Carroll, Inc., will be $1.90 per share. The dividends are anticipated to maintain a 5.5 percent growth rate, forever. If the stock currently sells for $47.00 per share, what is the required return? 9. R (D1/PO) +g 10. Banard Corp. will pay a dividend of $3.05 next year. The company has stated that it will maintain a constant growth rate of 5 percent a year forever. If you want a 15 percent rate of return, how much will you pay for the stock? What if you want a 10 percent rate of return? What does this tell you about the relationship between the required retum and the stock price? And the stock price today with a 10 percent return will be

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