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Northern Gas Company will pay a quarterly dividend of $2.80 next year. This dividend increases at a rate of 3.8 percent per year while the

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Northern Gas Company will pay a quarterly dividend of $2.80 next year. This dividend increases at a rate of 3.8 percent per year while the company's beta is 1.10. The stock is selling at $126.91. What is the expected market rate of return on the stock? 12.63% O 12.36% O 14.21% 0 14.60% 12.96%

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