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A company has common stock currently selling for $51.96. It is expected to pay a dividend of $2.51 one year from now. If you demand
A company has common stock currently selling for $51.96. It is expected to pay a dividend of $2.51 one year from now. If you demand 12.7% return, what percent rate growth of dividends would make this a worthwhile investment?
Enter your answer as a percentage with two decimal places, but without the percent symbol. For example, if your answer is 90.1234%, enter 90.12
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