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XYZ stock is currently selling for $87.13 per share. The company just paid its first annual dividend of $3.7 a share. The firm plans to

XYZ stock is currently selling for $87.13 per share. The company just paid its first annual dividend of $3.7 a share. The firm plans to increase the dividend by 5.9 percent per year indefinitely. What is the expected return on XYZ stock?

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