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The common stock of Auto Deliveries sells for $28.16 a share. The stock is expected to pay $1.35 per share next year. The firtn increases

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The common stock of Auto Deliveries sells for $28.16 a share. The stock is expected to pay $1.35 per share next year. The firtn increases its dividends by 38 annually and expects to continue doing so. What is the expected rate of return on this stock? Multiple Choice 7795 794 19.67% 7.42%

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