Established a pattern of increasing its dividends

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The common stock of Stock A sells for $43.19 a share. The stock is expected to pay $2.28 per share next year when the annual dividend is distributed. The company has established a pattern of increasing its dividends by 2.15 percent annually and expects to continue doing so.

How can I compute for the market rate of return on this stock??

Reference no: EM132090392

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