$11$:$17$

$90$

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Graded Chapter $9$ Homework

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A communications company pays annual dividends of $$8\mathrm{.}50$ with no possibility of it changing in the next several years. If the firm's stock is currently selling at $$60\mathrm{.}71,$ what is the required rate of return? $($Round to nearest whole number.$)$

$14\%$

$13\%$

$16\%$

$15\%$

Attempts: $0$ of $3$ used