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QUESTION
TCO D XYZ company paid a dividend of 4.37 in the past 12 months, and it has growth rate of 6.5 percent. The stock currently sells for 175. Calculate...
TCO D XYZ company paid a dividend of 4.37 in the past 12 months, and it has growth rate of 6.5 percent. The stock currently sells for 175. Calculate the required rate of return. Please show all of the work along with the answer.
