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The common stock of Andys Sporting Goods sells for $25.40 a share. The company recently paid its annual dividend of $1.30 per share and expects

The common stock of Andys Sporting Goods sells for $25.40 a share. The company recently paid its annual dividend of $1.30 per share and expects to increase this dividend by 3 percent annually. What is the rate of return on this stock?

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