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The common stock of EE Inc. sells for RM25.71 a share. The stock is expected to pay RM1.80 per share next month when the annual

The common stock of EE Inc. sells for RM25.71 a share. The stock is expected to pay RM1.80 per share next month when the annual dividend is distributed. EE Inc. has established a pattern of increasing its dividends by 4% annually and expects to continue doing so. What is the market rate of return on this stock?

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