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6 - expected rtns. Walter Utilities is a dividend-paying company and is expected to pay.r an annual dividend of $0.55 at the end {if the

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6 - expected rtns.

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Walter Utilities is a dividend-paying company and is expected to pay.r an annual dividend of $0.55 at the end {if the year. Its dividend is expected to grow at a eunstant rate at 100% per year. If Walter's stuck mrrently trades fur $23.00 per share. what is the expected rate of return? 0 9.33% O 103% D 3.23% O 5.53%

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