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Steady As She Goes, Inc, will pay a year-end dividend of $2.6 per share, Investors expect the dividend to grow at a rate of 4.4

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Steady As She Goes, Inc, will pay a year-end dividend of $2.6 per share, Investors expect the dividend to grow at a rate of 4.4 percent indefinitely. 0. If the stock currently sells for $30 per share, what is the expected rate of return on the stock? (Round your answer to 2 decimal ploces.)

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