A company recently paid a 105 dividend the dividend is


A company recently paid a $1.05 dividend. The dividend is expected to grow at a 16.1 percent rate. At a current stock price of $71.75, what return are shareholders expecting? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Expected return   ? %

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Financial Management: A company recently paid a 105 dividend the dividend is
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