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A firm's stock price is 55 and the company pays out a dividend of 1.62 por yeat. If you have a required rate of roturn

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A firm's stock price is 55 and the company pays out a dividend of 1.62 por yeat. If you have a required rate of roturn of 6%. what is the expected growth rate given the current stock price and required rate of return? (Please weite your answer in decimal format, for axample if the answer is 31235%, please write .031235)

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