Question: Moving to the next question prevents changes to this answer Question 16 of 18 wuestion 16 1 points The common stock of Cranberry, Inc. is

Moving to the next question prevents changes to this answer Question 16 of 18 wuestion 16 1 points The common stock of Cranberry, Inc. is selling for $26.75 on the open market. A dividend of 53,68 is expected to be distributed, and the growth rate of this company is estimated to be 5.5Ir Richard Dean, an average investor, is considering purchasing this stock at the market price, what is his expected rate of return? For the toolbar, press ALT F10 (PC) or ALT-FNF10 Mac) BTVParagraph Arial 14px 2 I. X Q 111

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