Question: TRUE OR FALSE State Street Corp. will pay a dividend on common stock of $4.80 per share at the end of the year. The required

TRUE OR FALSE State Street Corp. will pay a dividend on common stock of $4.80 per share at the end of the year. The required return on common stock (Ke) is 13.2%. The firm has a constant growth rate of 7.2%. The current price of the stock (Po) is $36.36. *

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