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Dandelions common stock is currently selling for $48 a share. If the expected dividend at the end of the year is $2.40, and last years
Dandelions common stock is currently selling for $48 a share. If the expected dividend at the end of the year is $2.40, and last years dividend was $2.00, what is the rate of return implicit in the current stock price?
| 10% |
| 16% |
| 24% |
| 25% |
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