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Builtrite common stock is currently selling for $44 and recently paid a dividend of $2.80....

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Finance

Builtrite common stock is currently selling for $44 and recently paid a dividend of $2.80. The stock has a projected constant growth rate of 6%.

If you purchase this stock, what is your expected rate of return?

O 12.75%

O 13.53%

O 11.92%

0 12.36%

Answer & Explanation Solved by verified expert
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