Question: Using the Gordon Growth Model described in class, answer the following questions. Ensure that your final answer is in currency form ( round your final

Using the Gordon Growth Model described in class, answer the following questions. Ensure that your final answer is in currency form (round your final answer, keeping two decimal places, & remember to use dollar signs and commas correctly)
A stock is selling for $200 and will issue a $2.00 dividend. Dividend payments are expected to grow at a constant rate of 5%. What is the expected rate of return?

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