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A firm has EPS of $3.89. If its dividend payout ratio is 0.6 and the expected return on new projects is 18, at what rate

A firm has EPS of $3.89. If its dividend payout ratio is 0.6 and the expected return on new projects is 18, at what rate will future dividends grow? Enter your answer as a decimal and show four decimal places. For example, if your answer is 4.5%, enter .0450.

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