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You've just bought a share of stock for $76. You plan to sell it next year. The company has been growing, and it plans to
You've just bought a share of stock for $76. You plan to sell it next year. The company has been growing, and it plans to increase the dividends by 11% each year, and it has just paid a $3.1 dividend on each share.
If you sell the share of stock next year, what will be your total percentage return over the coming year?
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