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A firm has EPS of $4.07. If its retention rate is 0.3 and the expected return on new projects is 12%, at what rate will

A firm has EPS of $4.07. If its retention rate is 0.3 and the expected return on new projects is 12%, at what rate will future dividends grow? Assume the firm will continue this same reinvestment policy indefinitely. Answer in decimal format rounded to four places. For example, if your answer is 4.5%, enter .0450

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