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Expected Return Circuit City Stores ( CC ) recently paid a $ . 2 6 dividend. The dividend is expected to grow at a 2

Expected Return Circuit City Stores (CC) recently paid a $.26 dividend. The dividend is expected to grow at a 24.00 percent rate. At the current stock price of $8.96, what is the return shareholders are expecting?
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24.03%
24.00%
2.90%
27.60%
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