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Business, 19.03.2020 05:24 live4dramaoy0yf9

Eastern electric currently pays a dividend of about $1.64 per share and sells for $27 a share.

a. if investors believe the growth rate of dividends is 3% per year, what rate of return do they expect to earn on the stock?

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Eastern electric currently pays a dividend of about $1.64 per share and sells for $27 a share.
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