Suppose you're considering buying a stock that is expected to pay a dividend of $1.25 per share,
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Suppose you're considering buying a stock that is expected to pay a dividend of $1.25 per share, per year. If the stock is selling for $8.68, what is the appropriate rate of return on this stock?
a. 12.11%
b. 13.67%
c. 14.40%
d. 15.70%
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