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Problem 11-04 TSC, Inc. sells for $20 and pays an anne per share dividend of $1.00, which you expect to grow at 6 percent. What

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Problem 11-04 TSC, Inc. sells for $20 and pays an anne per share dividend of $1.00, which you expect to grow at 6 percent. What is your expected return on this stock? Round your answer to the two decimal places, What would be the expected return if the price were $38 a share? Round your answer to the two decimal places

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