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Consider a stock that that has just paid a dividend of $1.41. The dividend is expected to grow at a constant rate of 2.1% every
Consider a stock that that has just paid a dividend of $1.41. The dividend is expected to grow at a constant rate of 2.1% every year. The current price of the stock is $37.63. What rate of return are investors expecting? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES. Number %
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