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Great Lakes Health Care just paid a $3.18 annual dividend. In addition Great Lakes plans...

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Great Lakes Health Care just paid a $3.18 annual dividend. In addition Great Lakes plans to pay $3.75 next year. The current dividend yield on Great Lakes common stock is 5.92 percent. The dividend growth rate is expected to remain constant at the current level. What is the required rate of return on this stock? 7.25 percent O 7.82 percent 8.02 percent 8.39 percent 8.75 percent

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