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The common stock of a company sells for $ 4 2 . 5 0 a share. The stock is expected to pay a dividend of
The common stock of a company sells for $ a share. The stock is expected to pay a dividend of $ per share next year. Eddie's has established a pattern of increasing their dividends by percent annually and expects to continue doing so What is the market rate of return on this stock? Keep as a decimal and round to four places past the decimal point. Example, enter not
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