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What is the expected rate of return for a stock that is expected to pay $1 dividend next year and is currently selling for $10.
What is the expected rate of return for a stock that is expected to pay $1 dividend next year and is currently selling for $10. The price of the stock next year is expected to be $9.74 by next year. Write your answer as a decimal (i.e. do not change to a percent)
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