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Paychex Inc (PAYX) recently paid a dividend of $0.88 The dividend is expected to grow at a 15 percent rate. The current stock price is

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Paychex Inc (PAYX) recently paid a dividend of $0.88 The dividend is expected to grow at a 15 percent rate. The current stock price is S64.11 What is the return shareholders are expecting? (Do not round intermediate calculations, Round your answer to 2 decimal places.) Shareholders return %

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