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14) Home Products common stock sells for $30.17 a share and has a market rate of return of 13.8 percent. The company just paid an

14) Home Products common stock sells for $30.17 a share and has a market rate of return of 13.8 percent. The company just paid an annual dividend of $2.23 per share. What is the dividend growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimals places, e.g., 32.16)
15) Global Logistics just announced it is increasing its annual dividend to $1.41 next year and will increase that dividend by 1.01 percent annually thereafter. How much will one share of this stock be worth ten years from now if the required rate of return is 12.4 percent? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimals places, e.g., 32.16)

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