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The Sisyphean Company's common stock is currently trading for $27.5 per share. The stock is expected to pay a $2.7 dividend at the end of
The Sisyphean Company's common stock is currently trading for $27.5 per share. The stock is expected to pay a $2.7 dividend at the end of the year and the Sisyphean Company's equity cost of capital is 15%. 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. 5.18% B. 2.59% O C. 10.36% OD. 7.77%
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