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XYZ stock is currently selling for $22.25 per share. The company just paid its first annual dividend of $2.13 a share. The firm plans to
XYZ stock is currently selling for $22.25 per share. The company just paid its first annual dividend of $2.13 a share. The firm plans to increase the dividend by 5.4 percent per year indefinitely. What is the expected return on XYZ stock?
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