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Berg Inc. has just paid a dividend of $2.00. Its stock is now selling for $48 per share. The firm is half as risky as

Berg Inc. has just paid a dividend of $2.00. Its stock is now selling for $48 per share. The firm is half as risky as the market. The market risk premium is 7%, and the risk-free rate is 9%. What growth rate is expected for this stock?

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