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QUESTION
ConsGrough, Inc. has increased its annual common dividend by 10% in each of the years that the company has existed.
ConsGrough, Inc. has increased its annual common dividend by 10% in each of the years that the company has existed. If you believe that the company can continue to do so indefinitely, then what is the required rate of return if the price of ConsGrough is $100 and the dividend that it just paid was $5?
