The market price of a stock is $50.00 and it will pay a dividend of...

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The market price of a stock is $50.00 and it will pay a dividend of $5.00 next year. The dividend is expected to grow at 3.00% forever. The stock's required rate of return is %. O 1) 11.49 2) 12.05 3) 12.35 4) 13.00 ) 5) 12.61

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