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If you purchased 125 shares of common stock that pays an end-of-year dividend of $4.00, what is your expected rate of return if you purchased
If you purchased 125 shares of common stock that pays an end-of-year dividend of $4.00, what is your expected rate of return if you purchased the stock for $31.36 per share? Assume the stock is expected to have a constant growth rate of 7 percent.
Your expected rate of return is?
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