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Lotsa Lenses paid a dividend of $1.29 last year, and plans a dividend growth rate of 2.50% indefinitely. Lotsa's stock price is now S 13.19.

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Lotsa Lenses paid a dividend of $1.29 last year, and plans a dividend growth rate of 2.50% indefinitely. Lotsa's stock price is now S 13.19. What return can Lotsa Lenses' investors expect on their stock? (Round your answer to 2 decimal places) Expected return

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