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Supposes that a share of stock you hold just paid a dividend of $1.850 per share. Consensus among analysts is for a 3.000% growth in
Supposes that a share of stock you hold just paid a dividend of $1.850 per share. Consensus among analysts is for a 3.000% growth in the dividend. Shares current trade at $34.648/share. What is the required rate of return from investors implied by these numbers? Answer in number form rounding to three decimal places, e.g., 9.6542% should be entered as 9.654
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