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5 pts Suppose you are trying to figure out the dividend growth rate of Home Depot's stock. If the company pays a dividend of $2.25

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5 pts Suppose you are trying to figure out the dividend growth rate of Home Depot's stock. If the company pays a dividend of $2.25 per year and is currently selling for $85 and the investors require a 11% return on their investment then, what is the growth rate of its dividend? (Round your answer to two decimal points)

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