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(Common stockholder expected retum) Ziercher executives anticipate a growth rate of 12 percent for the company's common stock. The stock is currently selling for $38.83

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(Common stockholder expected retum) Ziercher executives anticipate a growth rate of 12 percent for the company's common stock. The stock is currently selling for $38.83 per share and pays an end-of-year dividend of $1.46. What is your expected rate of return if you purchase the stock for its current market price of $38.83 ? Your expected rate of return is

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