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Blake will pay a dividend of $1.76 per share next year.The price of the stock is$129.50.Dividends are expected to grow at 6.5%, forever.Calculate the implied

Blake will pay a dividend of $1.76 per share next year.The price of the stock is$129.50.Dividends are expected to grow at 6.5%, forever.Calculate the implied rate of return on this investment.(Enter percentages as decimals and round to 4decimals)

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