Intel Corporation is currently trading at $52.04. The company expects to pay $2.25 on its...
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Intel Corporation is currently trading at $52.04. The company expects to pay $2.25 on its next dividend and to grow at an annual constant rate of 5%. Calculate the required rate of return, rounded to the nearest two decimals, on Intels share.
a. 4.32% b. 9.61% c. 9.32% d. 13.93%
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