Question: Problem 8-33 (similar to) Question Help (Common stockholder expected return) Ziercher executives anticipate a growth rate of 11 percent for the company's common stock. The

 Problem 8-33 (similar to) Question Help (Common stockholder expected return) Ziercher

Problem 8-33 (similar to) Question Help (Common stockholder expected return) Ziercher executives anticipate a growth rate of 11 percent for the company's common stock. The stock is currently selling for $43 45 per share and pays an end-of-year dividend of $135. What is your expected rate of return if you purchase the stock for its current market price of $43.45? Your expected tate of return is % (Round to two decimal places)

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