The common stock of Eddie's Engines,Inc.sells for $20.00 a share.The stock is expected to pay $1.80 per share next month when the annual dividend is distributed.Eddie's has established a pattern of increasing their dividends by 4% annually and expects to continue doing so.What is the market rate of return on this stock?

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The Answer of The common stock of Eddie's Engines,Inc.sells for $20.00 a share.The stock is expected to pay $1.80 per share next month when the annual dividend is distributed.Eddie's has established a pattern of increasing their dividends by 4% annually and expects to continue doing so.What is the market rate of return on this stock?

The Common Stock of Eddie's Engines,Inc