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Denver Shoppes just paid a dividend of $1 per share. Its dividend is expected to...

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Finance

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Denver Shoppes just paid a dividend of $1 per share. Its dividend is expected to grow at a constant rate for a foreseeable future. If the current price of this stock is $15, and the investors require 15 percent rate of return for this stock, what is the constant growth rate that the investors are expecting? O 7.81% 5.22% O 7.43% O 6.25% 8.33%

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