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5. The stock price of Ranson, Inc., is $71. Investors require a 15 percent rate of return on similar stocks. If the company plans to

5. The stock price of Ranson, Inc., is $71. Investors require a 15 percent rate of return on similar stocks. If the company plans to pay a dividend of $4.20 next year, what growt rate is expected tor the comp hown to get full credit) ork-ox-formula-needstobe__

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