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Q36 What is the expected rate of return for a stock that is expected to pay $1 dividend next year and is currently selling for

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What is the expected rate of return for a stock that is expected to pay $1 dividend next year and is currently selling for $10? The price of the stock next year is expected to be $10.4 by next year. Write your answer as a decimal (i.e. do not change to a percent)

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