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Krenshow Inc. common stock is currently selling at $46.83 per share. Over the next year, it is expected to pay out dividends of $2.65 per
Krenshow Inc. common stock is currently selling at $46.83 per share. Over the next year, it is expected to pay out dividends of $2.65 per share. The expected price in one year is $47.21 per share. What is the stock's estimated future rate of return? Submit your final answer as a percentage and round to two decimal places (Ex. 0.00%).
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