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4.You purchased 500 common shares of a company for $40.00 per share. The firm recently paid an annual cash dividend of $2.00. If your required
4.You purchased 500 common shares of a company for $40.00 per share. The firm recently paid an annual cash dividend of $2.00. If your required return is 9.20%, what was the dividend growth rate over the past year (calculate to the nearest whole percentage, e.g. 12)?
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