What is the return shareholders are expecting

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Reference no: EM131068398

Paychex Inc. Paychex Inc. (PAYX) recently paid an $0.96 dividend. The dividend is expected to grow at a 15 percent rate. The current stock price is $58.11(PAYX) recently paid an $0.96 dividend. The dividend is expected to grow at a 15 percent rate. The current stock price is $58.11. What is the return shareholders are expecting?

Reference no: EM131068398

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