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Tegal Pad 25. The next dividend payment by Beta Company will be $1.80 per share,...

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Finance

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Tegal Pad 25. The next dividend payment by Beta Company will be $1.80 per share, and these dividends are expected to grow at a 5.5% annual rate forever. Beta's stock is currently selling for $48.50 per share what rate of return investors will earn on the stock? a. 8.20% b. 8.88% c. 9.21% d. 9.74% e. 10.02%

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