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2017FS FINANC 2000 Hegger Sur mur boutiqueYahoo Sarch Results Yahoo Sea 2000 FS2017 Al FINANCE Chapter 8 Stocks Question 8 (of 12) 1.00 points Problem

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2017FS FINANC 2000 Hegger Sur mur boutiqueYahoo Sarch Results Yahoo Sea 2000 FS2017 Al FINANCE Chapter 8 Stocks Question 8 (of 12) 1.00 points Problem 8-22 Expected Return (LG8-5) Paychex Inc. (PAYX) recenty paid an $0.74 dividend. The dividend is expected to grow at a 15 percent rate. The current stock price is $43.71. What is the return shareholders are expecting? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) References eBook & Resources Worksheet Problem 8-22 Expected Return (LG8-5) Dfficulty: 2 Intermediat FI F2 F3 F4

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