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A stock just paid an annual dividend of $9.77 per share. The expected growth rate of the dividend is 18,78%. The required rate of return

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A stock just paid an annual dividend of $9.77 per share. The expected growth rate of the dividend is 18,78%. The required rate of return for the stock is 20,75% per annum Based on the Dividend Discount Model what is the expected dividend yield for the stock for the coming year? Answer as a percentage 2 decimal placet (no. 12 12.34) Answer Check

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