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XYZ stock is currently selling for $70.00. It is expected to pay a dividend of $5.00 at the end of the are expected to grow

XYZ stock is currently selling for $70.00. It is expected to pay a dividend of $5.00 at the end of the are expected to grow at a constant rate of 8% indefinitely. Compute the required rate of return on ABC Corporation stock. A) 8.00% B) 7.14% C) 15.14% D) 16.12% year. Dividends
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XYZ stock is currently selling for $70.00. It is expected to pay a dividend of $5.00 at the end of the year. Dividends are expected to grow at a constant rate of 8% indefinitely. Compute the required rate of return on ABC Corporation stock: A) 8.00% B) 7.14% C) 15.14% D) 16.12%

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