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The rate of return on equity (i.e., the cost of stock) based on the new dividend yield y < Year Cash Div/Share ($) Stock
The rate of return on equity (i.e., the cost of stock) based on the new dividend yield y < Year Cash Div/Share ($) Stock Price Return on Investment 2015 2016 +1.75 4.67 4.87 97.33333333 115.5555556 CALCULATE 23.72% [(Dividends +
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