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A company's common stock is selling for $67.40 a share. The stock has just paid $2.60 per share. The company has established a pattern of
A company's common stock is selling for $67.40 a share. The stock has just paid $2.60 per share. The company has established a pattern of increasing its dividends by 6% annually and expects to continue doing so. What is the market rate of return on this stock? 9.83% 10.35% 10.09% 10.22% 9.96%
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