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If you purchased 175 shares of common stock that pays an end-of-year dividend of $2.50, what is your expected rate of return if you purchased

If you purchased 175 shares of common stock that pays an end-of-year dividend of $2.50, what is your expected rate of return if you purchased the stock for $26.85 per share? Assume the stock is expected to have a constant growth rate of 6 percent.

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