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tps 10.00 points Problem 10-33 Common stock required rate of return [LO10-5] A firm pays a $2.50 dividend at the end of year one (D),

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tps 10.00 points Problem 10-33 Common stock required rate of return [LO10-5] A firm pays a $2.50 dividend at the end of year one (D), has a stock price of $98 (P), and a constant growth rate (g) of 7 percent a. Compute the required rate of returm (K.). (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) changes at a time.) No actual numbers are necessary Ask me

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