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A firms stock is currently selling for $42 and just recently paid a dividend of $2 a share. It is expected to grow at a
A firms stock is currently selling for $42 and just recently paid a dividend of $2 a share. It is expected to grow at a constant rate of 4%. What is the stocks current rate of return?
a. 4.95
b. 8.95
c. 11.10
d. 16.91
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