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What is the expected rate of return for a stock that is expected to pay $0.50 dividend next year and is currently selling for $9?
What is the expected rate of return for a stock that is expected to pay $0.50 dividend next year and is currently selling for $9? The price of the stock next year is expected to be $8.51 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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