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What is the yearly rate of return from the share ABC if current price of this share is 50, the last dividend was 3 and
What is the yearly rate of return from the share ABC if current price of this share is 50, the last dividend was 3 and the expected dividend growth in the in coming year is 5%. The investor expects that the price of this share in one year will be 56
a) 12%.b)16.34%c)18.3%.d)18%
Please help me with the formula and explaination.
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