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Topaz’s common stock is currently selling at $89.91 per share

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Topaz’s common stock is currently selling at $89.91 per share. Last
year, the company paid dividends of $2.36 per share. The projected growth at a rate of dividends for this stock is 5.88 percent. What rate of return can the investor expect to receive on this stock if it is purchased today?
Round the answer to two decimal places in percentage form.

 
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