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Can you include step by step solution? thank you!! 1. (1 credit) Wilson's Meats common stock is valued at $11.05. The firm pays annual dividends

Can you include step by step solution? thank you!!

1. (1 credit) Wilson's Meats common stock is valued at $11.05. The firm pays annual dividends which increase at a constant rate. The last dividend paid was $1.24. The required return is 14%. What is the dividend growth rate

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