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QUESTION
Goodyear's stock is currently selling for $ 41.98 a share. If the company is expected to pay a dividend of $ 1.14 a year from now and dividends are...
Goodyear's stock is currently selling for $ 41.98 a share. If the company is expected to pay a dividend of $ 1.14 a year from now and dividends are expected to grow at 6.1 % thereafter, what is the market capitalization rate (or, required rate of return) for a share of Goodyear's stock?
