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ABC sells for $25.71 a share. The stock is expected to pay $2.32 per share next month when the annual dividend is distributed. Eddie's has
ABC sells for $25.71 a share. The stock is expected to pay $2.32 per share next month when the annual dividend is distributed. Eddie's has established a pattern of increasing its dividends by 4% annually and expects to continue doing so. What is the market rate of return on this stock?
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