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Consider a stock that that has just paida dividend of $1.43. The dividend is expected to grow at a constant rate of 4.8% every year.

Consider a stock that that has just paida dividend of $1.43. The dividend is expected to grow at a constant rate of 4.8% every year. The current price of the stock is $54.79. What rate of return are investors expecting?Enter your answer as a percentage. Do not include the percentage sign in your answer.

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