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COB stock is currently priced at $68.48. The company will pay a dividend of $4.92 next year and investors require a retum of 10.29 percent

COB stock is currently priced at $68.48. The company will pay a dividend of $4.92 next year and investors require a retum of 10.29 percent on similar stocks. What is the dividend growth rate on the stock? wts your answer in percentage

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