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Which rate of return does the investor expect

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Reference no: EM132408123

Green Company's common stock is currently selling for $64.74 per share. Last year, the company paid dividends of $1.45 per share. The projected growth at a rate of dividends for this stock is 2.30 percent. Which rate of return does the investor expect to receive on this stock if it is purchased today?

Reference no: EM132408123

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