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12. XYZ Inc. pays a constant annual dividend of $1.06 a share and currently sells for $28.50 a share. What is the rate of return?

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12. XYZ Inc. pays a constant annual dividend of $1.06 a share and currently sells for $28.50 a share. What is the rate of return? A. 2.56 percent B. 3.39 percent C. 3.72 percent D. 6.63 percent E. 17.81 percent

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