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The next annual dividend payment by Hot Wings, Inc., is expected to be $4.95 per share and is expected in 1 year. Subsequent dividends are
The next annual dividend payment by Hot Wings, Inc., is expected to be $4.95 per share and is expected in 1 year. Subsequent dividends are anticipated to grow by 3 percent a year forever. If the stock currently sells for $54 per share, the expected annual return for the stock is _______
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