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Common stock value: Constant growth The common stock of Barr Labs Inc., trades for $122 per share. Investors expect the company to pay a(n) $1.28
Common stock value: Constant growth The common stock of Barr Labs Inc., trades for $122 per share. Investors expect the company to pay a(n) $1.28 dividend next year, and they expect that dividend to grow at a constant rate forever. If investors require a(n) 14.4% return on this stock, what is the dividend growth rate that they are anticipating? ..... The anticipated dividend growth rate is %. (Round to two decimal places.)
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