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(Common stockholder expected return) If you purchased 150 shares of common stock that pays an end-of-year dividend of $325, what is your expected rate of

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(Common stockholder expected return) If you purchased 150 shares of common stock that pays an end-of-year dividend of $325, what is your expected rate of return if you purchased the stock for $26.51 per share? Assume the stock is expected to have a constant growth rate of 6 percent Your expected rate of return is % (Round to two decimal places)

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