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A share is expected to give a $2 dividend next year (D1). The required rate of return is 20 percent and the stock is selling

  1. A share is expected to give a $2 dividend next year (D1). The required rate of return is 20 percent and the stock is selling for $20. Assuming a constant rate, find the growth rate of dividend.

    5%

    20%

    10%

    15%

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