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The Sisyphean Company's common stock is currently trading for $27 per share. The stock is expected to pay a $2.00 dividend at the end of
The Sisyphean Company's common stock is currently trading for $27 per share. The stock is expected to pay a $2.00 dividend at the end of the year and the Sisyphean Company's equity cost of capital is 13%. If the dividend payout rate is expected to remain constant, then the expected growth rate in the Sisyphean Company's earnings is closest to: A. 5.59% B. 11.18% C. 2.8% D. 8.39%
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