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Green Company's common stock is currently selling for $88.05 per share. Last year, the company paid dividends of $3.53 per share. The projected growth at
Green Company's common stock is currently selling for $88.05 per share. Last year, the company paid dividends of $3.53 per share. The projected growth at a rate of dividends for this stock is 6.66 percent. Which rate of return does the investor expect to receive on this stock if it is purchased today?
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