> Homework: Chapter... Question 8, P7-26 (simil. HW Score: 75%, 6 of 8 points O Points: 0 of 1 Save Assume Exxon Mobil's price dropped to $38 overnight. Given the dividend growth rate of ExxonMobil of 8.00% and the last annual dividend of $1.44, what is the implied required rate of return necessary to justify the new lower market price of $38? What is the implied required rate of return necessary to justify the new lower market price of $387 % (Round to two decimal places.) Help me solve this View an example Get more help Clear all Check