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Business, 20.11.2020 14:00 deadmoney

GRITO stock is currently selling for $46.10 a share. If the company is expected to pay a dividend of $5.60 a year from now and dividends are not expected to grow thereafter, what is the market capitalization rate (or, required rate of return) for a share of GRITO stock? a. 7.56%
b. 8.23%
c. 10.50%
d. 12.15%

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