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Question Completion Status: Moving to another question will save this response. Question 15 of 40 Question 15 2 points Gray Manufacturing is expected to pay a dividend of 51.25 per share the end of the year (D-5125). The stock sells for $22.50 per share, and its required rate of retum is 10.5% The dividend is expected to grow at some constant rate, s. forever. What is the equilibrium expected growth rate? a. 4.94% 1.5.88% 6.4.10 0 4.2594 490 Moving to another question will save this response Question 15 of 40 Sh D- STUDY GUID. docx MacBook Air 30 esc da 1 F 98 s 8 C 9 7 2 3 4 5 6 7 8

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