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The stock price of HK Co. is $70. Investors require a 12 percentrate of returns on similar stocks. If the company plans to pay an

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The stock price of HK Co. is $70. Investors require a 12 percentrate of returns on similar stocks. If the company plans to pay an annual dividend of $4.25 next year, what growth rate is expected for the company's stock price 5.93% 06.0796 12% O 17.93%

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