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Business, 16.11.2020 16:30 miami158999

Eastern Electric currently pays a dividend of about $1.96 per share and sells for $37 a share. A. If investors believe the growth rate of dividends is 4% per year, what rate of return do they expect to earn on the stock? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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Eastern Electric currently pays a dividend of about $1.96 per share and sells for $37 a share. A. If...
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