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A stock of AMB Ltd. is currently priced at $28 a share. The company has always paid an annual dividend of $1, and it is

A stock of AMB Ltd. is currently priced at $28 a share. The company has always paid an annual dividend of $1, and it is expected to continue doing so forever. The last years dividend has just been paid. What is the rate of return on equity of AMB Ltd.?

3.70%

3.85%

3.57%

3.45%

4.02%

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