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Ordinary shares in the firm that paid a $1.05 dividend last year. The dividends are expected to grow at a rate of 5% per year
Ordinary shares in the firm that paid a $1.05 dividend last year. The dividends are expected to grow at a rate of 5% per year into the foreseeable future. The price of these shares is now $25. Please calculate the rate of return of the ordinary share.
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