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If D 1 = $1.25, g (which is constant) = 5.5%, and P 0 = $24, what is the stock's expected total return for the

If D1 = $1.25, g (which is constant) = 5.5%, and P0 = $24, what is the stock's expected total return for the coming year?

Select the correct answer.

a. 10.54%
b. 10.71%
c. 11.05%
d. 10.88%
e. 11.22%

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