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CDB stock is currently priced at $40.18. The company will pay a dividend of $5.82 next year and investors require a return of 9,89 percent

CDB stock is currently priced at $40.18. The company will pay a dividend of $5.82 next year and investors require a return of 9,89 percent on similar stocks. What is the dividend growth rate on this stock? write your answer in percentage.

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