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1. Moonstock Inc. currently sells for $75 per share. The next expected annual dividend is $3, and the growth rate is 4%. What is the

1. Moonstock Inc. currently sells for $75 per share. The next expected annual dividend is $3, and the growth rate is 4%. What is the expected rate of return on this stock? (show work)

  1. 4%
  2. 6%
  3. 8%
  4. 2%

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