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Southern Markets recently paid an annual dividend of $2.62 on its common stock. This dividend increases at an average rate of 3.8 percent per year.

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Southern Markets recently paid an annual dividend of $2.62 on its common stock. This dividend increases at an average rate of 3.8 percent per year. The stock is currently selling for $28.12a share. What is the market rate of return? 13.88 percent 13.47 percent 14.37 percent 14.21 percent 14.07 percent

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