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A firm's stock cash dividend per share for last year was $2.78 and is expected to be $3 at the end of this year, the

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A firm's stock cash dividend per share for last year was $2.78 and is expected to be $3 at the end of this year, the current stock price is $60, and the growth rate for dividends is 8 percent. Using the Gordon approach, what is the expected return? O 5% O 8% 13.4% O 13%

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