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The common stock of Eagle , In. Sells $24 a share . The stock is expected to pay $0.8 per share next month when the
The common stock of Eagle , In. Sells $24 a share . The stock is expected to pay $0.8 per share next month when the annual dividend is distributed. Eagle's has established a pattern of increasing its dividends by 2% annually and expects to continue doing so . What is the market rate of return on this stock?
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