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Expected Return on Stock Assignment

Author:
February 25th, 2020

XYZ stock is currently selling for $69.58 per share. The company just paid its first annual dividend of $1.38 a share. The firm plans to increase the dividend by 4.9 percent per year indefinitely. What is the expected return on XYZ stock?

Enter your answer in percentages rounded off to two decimal points. Get Finance homework help today

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