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Company E has a dividend yield of 7.5% and a cost of equity capital of 15%. Company E's dividends are expected to grow at a
Company E has a dividend yield of 7.5% and a cost of equity capital of 15%. Company E's dividends are expected to grow at a constant rate indefinitely. What is the growth rate of the dividends of Company E's stock? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer.
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