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Scotch Security Inc. is expected to pay a dividend of $0.55 and currently sells for 12.1. If we expect dividends to grow at a constant

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Scotch Security Inc. is expected to pay a dividend of $0.55 and currently sells for 12.1. If we expect dividends to grow at a constant rate of 2%, what is the return provided by owning a share of Scotch? (Enter your response as a percent to two decimal places. Ex: 12.34 instead of 0.1234)

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