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2.) A stock is selling at $50 per share with an expected dividend of $2. Short term prospects are excellent: a 20% annual growth rate

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2.) A stock is selling at $50 per share with an expected dividend of $2. Short term prospects are excellent: a 20% annual growth rate is expected for the next 4 years. After that, the growth rate is expected to drop to a normal 6%. What is the expected long term rate of return from this stock. 2.) A stock is selling at $50 per share with an expected dividend of $2. Short term prospects are excellent: a 20% annual growth rate is expected for the next 4 years. After that, the growth rate is expected to drop to a normal 6%. What is the expected long term rate of return from this stock

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