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& oth (Common stock valuation) Schlumberger is selling for $69.92 per share and paid a dividend of $2.73 last year. The dividend is expected to

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& oth (Common stock valuation) Schlumberger is selling for $69.92 per share and paid a dividend of $2.73 last year. The dividend is expected to grow at 4 percent indefinitely. What is the stock's expected rate of return? Eant %. (Round to two decimal places.) The stock's expected rate of return is

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