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Dorpac Corporation has a dividend yield of 1 . 2 % . Its equity cost of capital is 8 . 2 % , and its
Dorpac Corporation has a dividend yield of Its equity cost of capital is and its dividends are expected to grow at a constant rate.
a What is the expected growth rate of Dorpac's dividends?
b What is the expected growth rate of Dorpac's share price?
PLEASE ANSWER BOTH PARTS!!
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