1. Big Cinema Co.s common stock is currently priced at $103.25 per share given a required return of 8.3%. The company just paid its annual dividend of $4.18. What is the dividend growth rate? Round your intermediate work to at least 4 decimal places. Present your final answer as a percent rounded to two decimal places (i.e., 0.0983 should be entered as 9.83%). (5 points)

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