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If Canadian National Railway paid a dividend this year of D 0 = $1.75, has a growth rate (which is constant) of 3.6% per year,
If Canadian National Railway paid a dividend this year of D0 = $1.75, has a growth rate (which is constant) of 3.6% per year, and current price (P0 ) of $32.00 per share, what is the stocks expected total return for the coming year?
Enter your answer to the nearest 1/100th of a percent (i.e., "8.59").
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