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(Common stockholder expected return) Ziercher executives anticipate a growth rate of 8 percent for the company's common stock. The stock is currently selling for $46.43
(Common stockholder expected return) Ziercher executives anticipate a growth rate of 8 percent for the company's common stock. The stock is currently selling for $46.43 per share and pays an end-of-year divider of $1.94. What is your expected rate of returh if you purchase the stock for its current market price of $46.43? Your expected rate of return is %. (Round to two decimal places)
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