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5 Points The stock price of Baskett Co. is $74.44. Investors require a return of 12.1 percent on similar stocks. If the company plans to

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5 Points The stock price of Baskett Co. is $74.44. Investors require a return of 12.1 percent on similar stocks. If the company plans to pay a dividend of $4.22 next year, what growth rate is expected for the company's stock price? (Do not round intermediate calculations and round your answer to two decimal points, I.e. 32.16) Add your

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