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Use the dividend growth model to determine the required rate of return for equity. Your firm recently paid a dividend of $2.25 per share, has
Use the dividend growth model to determine the required rate of return for equity. Your firm recently paid a dividend of $2.25 per share, has a recent price of $40.20 per share, and anticipates a growth rate in dividends of 3.00% per year for the foreseeable future.
Select one:
a.
8.76%
b.
8.60%
c.
8.44%
d.
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