Answer:
13.6%
Step-by-step explanation:
D1 = $3.50
Current price for share = $45.08
Growth Rate = 5.6%
Market return = (D1 / Current price) + growth rate
Market return = ( 3.5/45.08) + 0.056
Market return = 0.1336 x 100
Market return = 13.36%
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