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Bates Inc. pays a dividend of $1 and is currently selling for $32.50.

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Bates Inc. pays a dividend of $1 and is currently selling for $32.50. If investors required a 12 percent return on their investment from buying Bates stock, what growth rate would Bates Inc. have to provide the investors?

 

Paper#27805 | Written in 18-Jul-2015

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