Daisy executives anticipate a growth rate of 12% for the company’s stock. The stock is currently selling for $42.65 per share and pays an end-of-year dividend of $1.45. What is your expected rate of return if you purchase the stock for its current market

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Daisy executives anticipate a growth rate of 12% for the company’s common stock. The stock is currently selling for $42.65 per share and pays an end-of-year dividend of $1.45. What is your expected rate of return if you purchase the stock for its current market price of $42.65?

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