Q10: Anc INc just paid an annual dividend of 1.61$ per share, and its estimated...
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Q10: Anc INc just paid an annual dividend of 1.61$ per share, and its estimated long-term growth rate in dividends is 4.1%. The current market price of each share is 31.48$
The implied rate of return on the share is _______%
(Please retain at least 4 decimals in your calculations and at least 2 decimals in the final answers)
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