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XYZ Corp has calculated their required rate of return on their common stock should be 13%. XYZ just paid a dividend of $2.15 per share

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XYZ Corp has calculated their required rate of return on their common stock should be 13%. XYZ just paid a dividend of $2.15 per share and expects the dividend to grow by 25% for the first year and 20% for the following two years and 15% for the final year and settling at a constant growth rate of 8% forever. What is the blended growth rate / capital gains rate for XYZ Corp? 10.7635% 9.1205% 9.8964% O 10.2043%

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