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Dorpac Corporation has a dividend yield of 1 . 6 % . Its equity cost of capital is 8 . 7 % , 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?
a What is the expected growth rate of Dorpac's dividends?
The growth rate will be
Round to one decimal place.
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