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4. Quixy, Corp is expected to pay a dividend next year of $2.2 per share. The dividend is expected to grow at a constant rate

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4. Quixy, Corp is expected to pay a dividend next year of $2.2 per share. The dividend is expected to grow at a constant rate of 3% per year. If quixy is selling for $22.37 per share, what is the stockholders expected rate of return? Submit your answer as a percentage and round to two decimal places

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