Question: Given solution for General accounting question not use ai Blue Corporation's common stock is currently selling for $75.20 per share. Last year, the company paid

Given solution for General accounting question not use ai

Blue Corporation's common stock is currently selling for $75.20 per share. Last year, the company paid dividends of $1.25 per share. The projected growth rate of dividends for this stock is 4.80%. What rate of return does the investor expect to receive on this stock if it is purchased today

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