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Gremlin Industries will pay a dividend of $1.80 per share at the end of this...

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Finance

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Gremlin Industries will pay a dividend of $1.80 per share at the end of this year. It is expected that this dividend will grow by 4% per year each year in the future. The current price of a Gremlin share is $22.40. What is Gremlin's required return on equity? O 14% 10% O 16% 12%

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