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A company recently paid a $1.35 dividend. The dividend is expected to grow at a 18.5 percent rate. At a current stock price of $40.85,
A company recently paid a $1.35 dividend. The dividend is expected to grow at a 18.5 percent rate. At a current stock price of $40.85, what return are shareholders expecting?
PLEASE ALL EXPLAIN ALL STEPS AND FORMULAS ALONG WITH FINANCIAL CALCULATOR STEPS IF POSSIBLE.
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