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Lake Shore Vineyards recently paid a $4.20 annual dividend on their common stock. This dividend increases at an average rate of 4.2% per year. The
Lake Shore Vineyards recently paid a $4.20 annual dividend on their common stock. This dividend increases at an average rate of 4.2% per year. The stock is currently selling for $80.65 a share. What is the market rate of return?
Multiple Choice
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5.21%
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5.43%
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5.67%
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9.41%
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9.63%
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