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Computer stocks currently provide a required rate of return of 15%. MBI, a large computer company, will pay a year-end dividend of $2 per share.
Computer stocks currently provide a required rate of return of 15%. MBI, a large computer company, will pay a year-end dividend of $2 per share. If the stock is selling at $44 per share, what must be the market's expectation of the growth rate of MBI dividends? Enter your answer as a decimal, rounded to 4 decimal places
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