Question: The next dividend payment by Tech, Inc., will be $3.00 per share. The dividends are anticipated to maintain a growth rate of 6.00 percent, forever.

The next dividend payment by Tech, Inc., will be $3.00 per share. The dividends are anticipated to maintain a growth rate of 6.00 percent, forever. If the stock currently sells for $53 per share, what is the expected return? None of the answers is correct 11.66% 12.60% 12.00% 6.00%

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