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Kelly Berhad's common share is selling for RM14 per share. Next year's ordinary share dividend is expected to be RM1.00 and the dividend is expected

Kelly Berhad's common share is selling for RM14 per share. Next year's ordinary share dividend is expected to be RM1.00 and the dividend is expected to grow at a rate of 10% per year indefinitely. You are required to calculate the expected rate of return on common share and explain your answer.

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