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You purchased a stock for $22 per share. The most recent dividend was $2.50 and dividends are expected to grow at a rate of 8%

You purchased a stock for $22 per share. The most recent dividend was $2.50 and dividends are expected to grow at a rate of 8% indefinitely. What is your required rate of return on the stock?

A.
20.27%

B.
19.25%

C.
21.50%

D.
17.64%

E.
18.38%

F.
17.00%

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