Paychex Inc. (PAYX) recently paid a $0.84 dividend. The dividend is expected to grow at a 15

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Paychex Inc. (PAYX) recently paid a $0.84 dividend. The dividend is expected to grow at a 15 percent rate. At a current stock price of

$40.11, what return are shareholders expecting? (LG 3-3)

LO.1

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jul 24, 2024 12:02 PM

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Paychex Inc. (PAYX) recently paid a $0.84 dividend. The dividend is expected to grow at a 15

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Financial Markets And Institutions

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