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Goode incs stock has a required rate of return of 1150 and

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Reference no: EM13568112

Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $18.00 per share. Goode's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D?

a. $0.77
b. $0.62
c. $0.92
d. $0.76
e. $0.57

Reference no: EM13568112

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