Broken Wing Airlines just paid a $2 dividend and has a beta of 1.3 and a growth

Question:

Broken Wing Airlines just paid a $2 and has a beta of 1.3 and a growth rate of 6% for the foreseeable future. The current return on the market is 10%, and Treasury bills earn 4%. If the rate on Treasury bills drops by 0.5% and the market risk premium [(kM -kRF)] increases by 1.0%, what growth rate would keep Broken Wing’s stock price constant?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...