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Tyler Enterprises just paid an annual dividend of $1.22 a share. The stock has a market price of $34.60 and a dividend growth rate of

Tyler Enterprises just paid an annual dividend of $1.22 a share. The stock has a market price of $34.60 and a dividend growth rate of 3.1 percent. What is the rate of return on this stock?

A.

6.74 percent

B.

8.62 percent

C.

8.13 percent

D.

9.03 percent

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