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Transportation stocks currently provide an expected rate of return of 15%. TTT, a large transportation company, will pay a year- end dividend of $3 per

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Transportation stocks currently provide an expected rate of return of 15%. TTT, a large transportation company, will pay a year- end dividend of $3 per share. If the stock is selling at $60 per share, what must be the market's expectation of the constant- growth rate of TTT dividends? 20% 5% none of these options 10%

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