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A stock is currently trading at $55. The one year ahead target price as estimated by the analysts is $60. The stock pays $2.50 as

A stock is currently trading at $55. The one year ahead target price as estimated by the analysts is $60. The stock pays $2.50 as dividends each year. What is the expected return from the stock for the coming year? Report the answer as a percentage, rounded to two decimal places and without the % symbol.

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