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Crane Inc. currently only returns cash to its investors in the form of dividends.It pays out 35.4%of its earnings per share.The return on new investment
Crane Inc. currently only returns cash to its investors in the form of dividends.It pays out 35.4%of its earnings per share.The return on new investment for Crane is 18.6%.Given this information, estimate the growth ratefor the future dividends of Crane. Express your result in percent and round to two decimals (do not include the %-symbol in your answer).
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