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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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