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Thames Inc.'s last dividend was $6 per share. The dividend is expected to grow at 7% per year. The stock currently sells for $34 per
Thames Inc.'s last dividend was $6 per share. The dividend is expected to grow at 7% per year. The stock currently sells for $34 per share. What is the estimated (predicted) rate of return of the stock today?
Select one:
a. 13.04%
b. 16.77%
c. 24.56%
d. 11.30%
e. 25.88%
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