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Company B's common stock is trading at $36 per share. The stock is expected to pay $3.24 in dividend at the end of the year
Company B's common stock is trading at $36 per share. The stock is expected to pay $3.24 in dividend at the end of the year and the equity cost of capital of the company is 10%. Assuming dividend payout rate is constant, what is the expected growth rate in earning?
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