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Check my work Eastern Electric currently pays a dividend of $1.96 per share and sells for $37 a share a. If investors believe the growth

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Check my work Eastern Electric currently pays a dividend of $1.96 per share and sells for $37 a share a. If investors believe the growth rate of dividends is 4% per year, what rate of return do they expect to earn on the stock? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places) Rate of retum b. If Investors' required rate of return is 10%, what must be the growth rate they expect of the firm? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Growth rate 5 c. ll the sustainable growth rate is 55 and the plowback ratio is 0.5, what must be the Fate of retum eamed by the firm on its new investments? (Enter your answer as a percent rounded to 2 decimal places.) Rate of retum

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