You are an investor in company which is an auto parts, Financial Management

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You are an investor in company which is an auto parts

You are an investor in company which is an auto parts supplier. They will pay a dividend next year of $0.80 per share and are expected to grow at an annual rate of 2%. The price of the stock is currently $37.24. What is the expected return on the stock?

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Financial Management: You are an investor in company which is an auto parts

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Financial Management: You are an investor in company which is an auto parts

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