Zutter Corp stock is selling for $35 in the market. The company's beta is 1.5,...
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Zutter Corp stock is selling for $35 in the market. The company's beta is 1.5, the market risk premium is 4%, and the risk-free rate is 8%. The previous (last) dividend paid was $0.25 and dividends are expected to grow at a constant rate. What is the growth rate for this stock? Show computations
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