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What is the market required rate of return on harte stock

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Question - Harte Corp. expects to pay a $2.00 dividend in the coming year, and security analysts expect Harte's dividends and earnings to grow at a rate of 9% for the indefinite future. Harte current stock price is $12.50 per share. What is the market's required rate of return on Harte stock?

Reference no: EM133131539

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