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(Common stockholder expected return) If you purchased 200 shares of common stock that pays an end-of-year dividend of $3.00, what is your expected rate of

(Common stockholder expected return) If you purchased 200 shares of common stock that pays an end-of-year dividend of $3.00, what is your expected rate of return if you purchased the stock for $31.18 per share? Assume the stock is expected to have a constant growth rate of 5 percent.

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