An issue of common stock is selling for $57.20.The year-end dividend is expected to be $2.32 assuming a constant growth rate of 6%.What is the required rate of return?
A) 10.3%
B) 10.1%
C) 4.1%
D) 6.0%

Name: An issue of common stock is selling for $57.20.The year-end dividend is expected to be $2.32 assuming a constant growth rate of 6%.What is the required rate of return? A) 10.3% B) 10.1% C) 4.1% D) 6.0%
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The Answer is B

An Issue of Common Stock Is Selling for $57