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If the last dividend paid (D0) is $2.15, the constant growth rate (g) is 2.1%, and...

If the last dividend paid (D0) is $2.15, the constant growth rate (g) is 2.1%, and the current price P0 is $16.78, what is the stock's expected total return (rs) for the coming year? Enter as a decimal with four decimal places of precision.

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Answer #1

expected total return=(D1/Current price)+Growth rate

=(2.15*1.021)/16.78+0.021

=0.1518(Approx).

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