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Check My Work (3 remaining) 18 19 eBook 2D e Carnes Cosmetics Co.'s stock price is $52, and it recently paid a $1.50 dividend. This

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Check My Work (3 remaining) 18 19 eBook 2D e Carnes Cosmetics Co.'s stock price is $52, and it recently paid a $1.50 dividend. This dividend is expected to grow by 23% for the next 3 years then grow forever at a constant rate, 0; and is -15%. At what constant rate is the stock expected to grow after year 3? Do not found intermediate calculations, Round your answer to two decimal places

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