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The common stock of company XYZ can currently be purchased in the market for $33.5 per share. The company just paid a dividend of $1.9;
The common stock of company XYZ can currently be purchased in the market for $33.5 per share. The company just paid a dividend of $1.9; the dividend is expected to grow by 1.9% each year indefinitely. What is the expected rate of return on this stock (rs)? Enter your answer as a decimal with a leading zero and 4 decimal places of precision (i.e. 0.1234)
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