Perot Marketing is expected to pay $2.40 per share in dividends at the end of the next
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Question:
- Perot Marketing is expected to pay $2.40 per share in dividends at the end of the next 12 months. The growth rate in dividends is expected to be constant at 9% per year. If the stock is selling for $51.30 per share, what is the required rate of return?
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