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(Common stockholder expected return) If you purchased 150 shares of common stock that pays an end-of-year dividend of $4.00, what is your expected rate

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(Common stockholder expected return) If you purchased 150 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 $26.43 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.)

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