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You have just purchased a share of stock for $22.51. The most recent dividend was $1.50 and dividends are expected to grow at a rate

You have just purchased a share of stock for $22.51. The most recent dividend was $1.50 and dividends are expected to grow at a rate of 5% indefinitely. What must your required return be on the stock? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 12.00% b 11.66% c 13.67% d 7.00% e 10.95%

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