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The common stock at Zappo, inc, is selling for $ 4 6 . 1 0 per share. The company is expected to have an annual

The common stock at Zappo, inc, is selling for $46.10 per share. The company is expected to have an annual dividend increase of 2.7% indefinitely. In the first year it will pay a dividend of $3.35. What is the total return on this stock?

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