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A company has just announced that it will pay a dividend of $1.98 a share next year. Investors expect the company's future annual dividends to
A company has just announced that it will pay a dividend of $1.98 a share next year. Investors expect the company's future annual dividends to be increasing by 2.8 percent per year. Calculate the market rate of return on this stock if it is currently selling for $49.10 a share
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