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The common stock of Sweet Treats is selling for $48.80 per share. The company is expected to have an annual dividend increase of 3.3 percent

The common stock of Sweet Treats is selling for $48.80 per share. The company is expected to have an annual dividend increase of 3.3 percent indefinitely and pay a dividend of $3.65 in one year. What is the total return on this stock?

a.11.03%

b.11.45%

c.10.78%

d.12.13%

e.12.13%

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