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Arts and Crafts, Inc., will pay a dividend of $ 3.84 per share in 1 year. It sells at $ 71.83 a share, and has

Arts and Crafts, Inc., will pay a dividend of $ 3.84 per share in 1 year. It sells at $ 71.83 a share, and has an expected return of 9.79 percent. What must be the expected growth rate of the company's dividends?

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