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4 Tony is a risk moderator and checking the daily stock prices to find the best option for him. He identified LUX Ltd shares are

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4 Tony is a risk moderator and checking the daily stock prices to find the best option for him. He identified LUX Ltd shares are trading for $24 and the expected dividend is $2.8. And based on the ASX market predictions the company growth is estimated to be 4%. Calculate the expected rate of return if Tony is going ahead with the investment

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