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A mature company has been paying a constant dividend of $8.52 per share on its stock every year and is expected to continue paying this
A mature company has been paying a constant dividend of $8.52 per share on its stock every year and is expected to continue paying this amount perpetually. The stock is selling today for $91.41 per share. What is the expected rate of return on this stock? 8.20% 9.32% 6.06% 11.65% 6.99% A mature company has been paying a constant dividend of $8.52 per share on its stock every year and is expected to continue paying this amount perpetually. The stock is selling today for $91.41 per share. What is the expected rate of return on this stock? 8.20% 9.32% 6.06% 11.65% 6.99%
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