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A stock just paid a $ 2 . 0 0 dividend, expected to grow at 3 % forever. If the stock sells for $ 3

A stock just paid a $2.00 dividend, expected to grow at 3% forever. If the stock sells for $32, what is the return on the stock?
8.63%
(B)11.08%
10.83%
9.44%
none of these
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