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Thames Inc.'s last dividend was $4 per share. The dividend is expected to grow at 4% per year. The stock currently sells for $40 per

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Thames Inc.'s last dividend was $4 per share. The dividend is expected to grow at 4% per year. The stock currently sells for $40 per share. What is the estimated (predicted) rate of return of the stock today? Select one: a. 13.8% b. 12.0% c. 14.4% d. 11.2% e. 11.7%

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