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Business, 24.07.2020 19:01, originalbeast6p2799m
Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $2.25 at the end of the year. Its dividend is expected to grow at a constant rate of 6.50% per year. If Walterâs stock currently trades for $20.00 per share, what is the expected rate of return?
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