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Amex is currently trading at $215/share. Last year's dividend was $10/share. Historically, Amex's dividend increases by 8% per year. Assuming the dividend discount model is

Amex is currently trading at $215/share. Last year's dividend was $10/share. Historically, Amex's dividend increases by 8% per year. Assuming the dividend discount model is a good way to model Amex's stock, what is Amex's expected return

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