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Question 7 [Soft Break]Question 8.[Soft Break]Danny is considering a stock purchase. The stock pays constant annual dividend of $2.00 per share, and...

Question 7 [Soft Break]Question 8.9:[Soft Break]Danny is considering a stock purchase. The stock pays constant annual dividend of $2.00 per share, and is currently trading at $20. Danny’s required rate of return for this stock is 12%. Should he buy this stock?
Answer 1. Yes Buy the stock
2. No Don't buy the stock
3. Don't Know
4. Don't Care
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