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(Common stockholder expected return) If you purchased 125 shares of common stock that pays an end-of-year dividend of $4.00, what is your expected rate of
(Common stockholder expected return) If you purchased 125 shares of common stock that pays an end-of-year dividend of $4.00, what is your expected rate of return if you purchased the stock for $28.94 per share? Assume the stock is expected to have a constant growth rate of 9 percent. Your expected rate of return is \%. (Round to two decimal places.) (Common stockholder expected return) Ziercher executives anticipate a growth rate of 11 percent for the company's common stock. The stock is currently selling for $38.03 per share and pays an end-of-year dividend of $1.38. What is your expected rate of return if you purchase the stock for its current market price of $38.03 ? Your expected rate of return is \%. (Round to two decimal places.)
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