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Homework: Chapter 8 Homework Save Score: 0 of 1 pt 13 of 13 (8 complete) >HW Score: 55.13%, 7.17 of 1... Problem 8-31 (similar to)

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Homework: Chapter 8 Homework Save Score: 0 of 1 pt 13 of 13 (8 complete) >HW Score: 55.13%, 7.17 of 1... Problem 8-31 (similar to) Question Help (Common stockholder expected return) The market price for Eamest Corporation common stock is $40 per share. The price at the end of 1 year is expected to be $45, and dividends for next year should be $1.75. What is the expected rate of return? The expected rate of return is % (Round to two decimal places.)

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