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Question4 1 pts The stock price of XYZ Co. is $21.72. Investors require an 9.91 percent rate of return on similar stocks. If

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Answer #1

Required return=(D1/Current price)+Growth rate

0.0991=(2.17/21.72)+Growth rate

Growth rate=0.0991-(2.17/21.72)

=(0.08%)(Approx)(Negative).

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