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The common stock of Eddie's Engines, Inc. sells for $45.38 a share. The stock Is expected to pay $3.80 per share next year. Eddie's has
The common stock of Eddie's Engines, Inc. sells for $45.38 a share. The stock Is expected to pay $3.80 per share next year. Eddie's has established a pattern of increasing their dividends by 5.9 percent annually and expects to continue doing so. What Is the market rate of return on this stock
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