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Business, 01.11.2019 05:31 brittneeyy

Currently a share of stock is paying a dividend (cash payout c) of $4.00 to be paid in exactly one year and has a known selling price in one year (p) of $25.00 the expected return (r) of similar assets is 8.08.0%, and the current market price is $24.00. what is the total rate of return (r*) on this asset? the total rate of return is nothing%. (round your response to one decimal place.)

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