What return are shareholders expecting

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Reference no: EM131446723

A company recently paid a $1.15 dividend. The dividend is expected to grow at a 16.9 percent rate. At a current stock price of $45.87, what return are shareholders expecting? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Reference no: EM131446723

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