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The common stock of PayAsYouGo, Inc. sells for $75.79 a share. The stock is expected to pay $2.24 per share next year when the annual dividend is distributed. The company increases its dividends by 2.7 percent annually. What is the market rate of return on this stock?
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The common stock of PayAsYouGo, Inc. sells for $75.79 a share. The stock is expected to pay $2.24 pe...
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