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Q:31 Boiler Industries trades at $20.00 per share. The company just paid a $1.00 per share dividend. Daniel Bryan, an analyst, estimates that dividends will

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Boiler Industries trades at $20.00 per share. The company just paid a $1.00 per share dividend. Daniel Bryan, an analyst, estimates that dividends will grow at 5.00% per year going forward. If we value Crowe Industries using the constant growth model, what implied return will investors receive at the current price?

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