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XYZ, Inc.'s next dividend payment will be $3.50 per share. The dividends are anticipated to maintain a growth rate of 7 percent, forever. If the

XYZ, Inc.'s next dividend payment will be $3.50 per share. The dividends are anticipated to maintain a growth rate of 7 percent, forever. If the stock currently sells for $50 per share, the required return is \%. 15 11 12 10 14 13

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