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Toronto Skates Inc. is offering a dividend of $1 next year and the stock sells for $20. If the required rate of return is 8
Toronto Skates Inc. is offering a dividend of $1 next year and the stock sells for $20. If the required rate of return is 8 percent, what is the capital growth rate? a) 5%
b) 13%
c) 3%
d) 12.5%
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