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 4%. What is the required rate of return? Select one:
a. 10.3%
b. 10.1%
c. 8.1%
d. None of these
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Home » Business » 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 4%. What is the required rate of return? Select one: a. 10.3% b. 10.1% c. 8.1% d. None of these