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Northern Gas recently paid a $2.60 annual dividend on its common stock. This dividend increases at an average rate of 4.8 percent per year. The

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Northern Gas recently paid a $2.60 annual dividend on its common stock. This dividend increases at an average rate of 4.8 percent per year. The stock is currently selling for $24.50 a share. What is the rate of return on the stock? (Provide your answer in percentage with two decimal places.) Answer: Next page vious page Final Formula Sheet Jump to

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