What is the implied required rate of return necessary

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Assume? ExxonMobil's price dropped to ?$31 overnight. Given the dividend growth rate of ExxonMobil of 6.00?% and the last annual dividend of ?$1.75?, what is the implied required rate of return necessary to justify the new lower market price of $ 31

What is the implied required rate of return necessary to justify the new lower market price of $ 31?

Reference no: EM132491752

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