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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)
- 4%
- 6%
- 8%
- 2%
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