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What is the required rate of return on Tangshan stock

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Reference no: EM132781764

Question - Tangshan China's stock is currently selling for $160.00 per share and the firm's dividends are expected to grow at 5 percent indefinitely. Assuming Tangshan China's most recent dividend was $5.50, what is the required rate of return on Tangshan's stock?

Reference no: EM132781764

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