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TSC, Inc. sells for $30 and pays an annual per share dividend of $2.30, which you expect to grow at 6 percent. What is your

TSC, Inc. sells for $30 and pays an annual per share dividend of $2.30, which you expect to grow at 6 percent. What is your expected return on this stock? Round your answer to the two decimal places. % What would be the expected return if the price were $40 a share? Round your answer to the two decimal places. %

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