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GSK plc (ticker: GSK) will pay a dividend of $1.48 per share in one year. The stocks recent closing price was $34.57. If dividends are
GSK plc (ticker: GSK) will pay a dividend of $1.48 per share in one year. The stocks recent closing price was $34.57. If dividends are expected to grow at 4.5% per year, what is the estimated expected return for the stock? In other words, what is the estimated discount rate? (4 points)
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