A companys common stock is currently selling for 54 per, Financial Management

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A companys common stock is currently selling for 54 per

A company's common stock is currently selling for $54 per share. Last year, the company paid dividends of $2.98 per share. The projected growth at a rate of dividends for this stock is 4.93%. Which rate of return does the investor expect to receive on this stock if its purchased today?

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Financial Management: A companys common stock is currently selling for 54 per

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