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Quiz Corp. is expected to pay a dividend next year of $4.76 per share. The dividends is expected to grow at a constant rate of

Quiz Corp. is expected to pay a dividend next year of $4.76 per share. The dividends is expected to grow at a constant rate of 4% per year. If Qixy Corp. stock is selling for $37.37 per share, what is the stockholders' expected rate of return? Submit your answer as a percentage and round to two decimal places ( Ex. 0.00%) .

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