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Blackburn & Smith has common stock outstanding. The company's executives paid dividend of $2.50 and anticipate a constant growth rate of 10.5% for the dividend.

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Blackburn & Smith has common stock outstanding. The company's executives paid dividend of $2.50 and anticipate a constant growth rate of 10.5% for the dividend. If Blackburn & Smith common stock currently sells for $23 per share, what is the expected rate of return? D1F Por gr 'cs=

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