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Suppose IBI PLC was trading at 27.29 per share. At that time, it pays an annual dividend of 0.32 per share, and analysts have set

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Suppose IBI PLC was trading at 27.29 per share. At that time, it pays an annual dividend of 0.32 per share, and analysts have set a 1-year target price around 33.30 per share. What is the expected return on this stock? Select one: a. 21.2% b. 24.7% c. 22.3% d. 23.2%

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