The ordinary shares of Cranberry Ltd is selling for $26.75 on the open market.A dividend of $3.68 is expected to be distributed, and the growth rate of this company is estimated to be 5.5%.If Richard Dean, an average investor, is considering purchasing this shares at the market price, what is his expected rate of return?

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The Answer of The ordinary shares of Cranberry Ltd is selling for $26.75 on the open market.A dividend of $3.68 is expected to be distributed, and the growth rate of this company is estimated to be 5.5%.If Richard Dean, an average investor, is considering purchasing this shares at the market price, what is his expected rate of return?

The Ordinary Shares of Cranberry Ltd Is Selling for $26