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The common stock of Sweet Treats is selling for $53.30 per share. The company is expected to have an annual dividend increase of 4.3 percent

The common stock of Sweet Treats is selling for $53.30 per share. The company is expected to have an annual dividend increase of 4.3 percent indefinitely and pay a dividend of $4.18 in one year. What is the total return on this stock?

a. 13.11%

b 12.85%

c 13.66%

d 12.09%

e 12.14%

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