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Weaver Chocolate Co.'s upcoming dividend payment is $2.28, its expected constant dividend growth rate is 6.0%, and its common stock currently sells for $22.50 per
Weaver Chocolate Co.'s upcoming dividend payment is $2.28, its expected constant dividend growth rate is 6.0%, and its common stock currently sells for $22.50 per share. What is required rate of return?
A. 12.70%
B. 13.38%
C. 14.04%
D. 18.80%
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