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Business, 15.04.2020 23:23 coollid876

Macrosoft paid a dividend of $10 per share today (i. e., D₀=$10). The dividends are anticipated to maintain a 10 percent growth rate per year forever. The next dividends will be paid one year from today. If the Macrosoft stock currently sells for $100, what is the required rate of return on the Macrosoft stock?

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