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Business, 02.08.2019 07:30 zeesharpe05

Mccracken roofing, inc., common stock paid a dividend of $1.20 per share last year. the company expects earnings and dividends to grow at a rate of 5% per year for the foreseeable future. what required rate of return for the stock would result in a price of $28 per share? a. 10.0% b. 10.5% c. 9% d. 9.5%

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Mccracken roofing, inc., common stock paid a dividend of $1.20 per share last year. the company expe...
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