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FoSho Muzik Ltd pays dividends at the end of each quarter that are constantly growing by 2% p.a. compounded quarterly. If the dividend paid exactly

FoSho Muzik Ltd pays dividends at the end of each quarter that are constantly growing by 2% p.a. compounded quarterly. If the dividend paid exactly three months ago was 10, and another dividend has just been paid yesterday, what is the annual effective required rate of return on FoSho Muzik Ltd shares if the share price today is $162?

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