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A company is expected to have earnings per share of $3,91 this year and to pay a dividend of 52.01. The discount rate for the

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A company is expected to have earnings per share of $3,91 this year and to pay a dividend of 52.01. The discount rate for the stock is 14 1% and the rate of return on invested earnings is 22%. What is the sustainable growth rato? Enter your answer as a percentage Do not include the percentage sign in your answer Enter your response below rounded to 2 DECIMAL PLACES 10.69 Correct response: 10.698.61% Cack Venty" to proceed to the next part of the question, Using 10 60 as the growth rate what would be the price of the stock? Enter your response below rounded to 2 DECIMAL PLACES Number

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