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QUESTION 6 Patagonia's common stock is selling for $31.26 a share. The stock has just paid $1.35 per share. Patagonia company has established a pattern

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QUESTION 6 Patagonia's common stock is selling for $31.26 a share. The stock has just paid $1.35 per share. Patagonia company has established a pattern of increasing its dividends by 7% annually and expects to continue doing so. What is the market rate of return on this stock? 12.14% 11.62% 11.279 10.83% 10.51%

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