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Mallard Corporation common stock currently sells for $50 per share. The firm recently paid a dividend of $2.10 per share. Analysts have forecast that earnings
Mallard Corporation common stock currently sells for $50 per share. The firm recently paid a dividend of $2.10 per share. Analysts have forecast that earnings and dividends will grow at an average annual rate of 6% per year. If you buy the stock, what will be your expected return?
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