Question: Please do it by hand because it will be on my final mctas e Commpaly s bela. 34) Richtex Brick has a current dividend of

Please do it by hand because it will be on my finalPlease do it by hand because it will be on my final

mctas e Commpaly s bela. 34) Richtex Brick has a current dividend of $1.70 and the market value of its common stock is $28. The required market return is 13 percent and the risk-free rate is 9 percent. If Richtex beta is 0.5, and the market is in equilibrium, what rate of growth is expected for Richtex's dividends assuming a constant growth valuation model is appropriate for Richtex? O r 4.65% 4.93% 5.41% 5.37% C. D. ) \l

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