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Ashs Bikes just announced its next annual dividend will be $1.65 a share and all future dividends will increase by 4.2% annually. What is the

Ashs Bikes just announced its next annual dividend will be $1.65 a share and all future dividends will increase by 4.2% annually. What is the market rate of return (the discount rate) if this stock is currently selling for $28 a share?

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