please help McKenna Motors is expected to pay a $1...
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McKenna Motors is expected to pay a $1 per-share dividend at the end of the year (D1 = $1 ). The stock sells for $18 per share and its required rate of return is 11.4 percent. The dividend is expected to grow at a constant rate, g, forever. What is the growth rate, g, for this stock? 5.84% 5.64% 5.44% 5.24% 5.04%
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