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A stock paid Rs. 40 dividend last year. The dividend is expected to grow at 6 percent rate for foreseeable future. If stock's current selling price is Rs. 500, what is the expected return on this…

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A stock paid Rs. 40 dividend last year. The dividend is expected to grow at 6 percent rate for foreseeable future. If stock's current selling price is Rs. 500, what is the expected return on this stock?

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