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A company's current stock price is $84.70 and it is likely to pay a $3.70...

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Accounting

A company's current stock price is $84.70 and it is likely to pay a $3.70 dividend next year. Since analysts estimate the company will have a 12% growth rate, what is its expected return?4.37%

4.14%

16.37%

12.00%

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