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Stock B is selling for $29.50. The companys next annual dividend is projected to be $1.95 per share. Dividend growth has been at a steady

Stock B is selling for $29.50. The companys next annual dividend is projected to be $1.95 per share. Dividend growth has been at a steady rate of 5%, which is expected to continue. If you buy Stock B at the current price, then what is the rate of return?

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