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A firm's expectedannual dividend in 1 year is .62 per share.It's current stock price per share is $13.45. It's cost of common stock is 6.40%.Using
A firm's expectedannual dividend in 1 year is .62 per share.It's current stock price per share is $13.45. It's cost of common stock is 6.40%.Using the Dividend Discount Model, compute the firm's expected growth rate.
11.01%
10.32%
4.61%
1.79%
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