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Consider a stock that is expected to pay a dividend of $ 1 . 5 1 a year from now. The current price of the
Consider a stock that is expected to pay a dividend of $ a year from now. The current price of the stock is $ The expected rate of return on the
stock is What must be the expected growth rate of the dividends? Enter your answer as a percentage. Do not enter the percentage sign into your
answer.
Enter your response below rounded to DECIMAL PLACES.
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