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What is the expected rate of return for a stock that is expected to pay $0.5 dividend next year and is currently selling for $9.

What is the expected rate of return for a stock that is expected to pay $0.5 dividend next year and is currently selling for $9. The price of the stock next year is expected to be $8.47 by next year. Write your answer as a decimal (i.e. do not change to a percent). The decimal should be accurate to 4 decimal places.

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