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Determine the growth rate (g) of a constant growth stock that have with a year 1 dividend (D1) of $3, a current price (P0) of

Determine the growth rate (g) of a constant growth stock that have with a year 1 dividend (D1) of $3, a current price (P0) of $30, and a rate of return (rS) of 15%.

a. 5%

b. 25%

c. 10%

d. 15%

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