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1. The market price of a stock is $23.07 and it just paid a dividend of $1.4 . The required rate of return is 11.18%.
1. The market price of a stock is $23.07 and it just paid a dividend of $1.4 . The required rate of return is 11.18%. What is the expected growth rate of the dividend? Percentage Round to: 2 decimal places (Example: 5.87%, % sign required.)
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