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Dorpac Corporation has a dividend yield of 1.5%. Its equity cost of capital is 8.0%, and its dividends are expected to grow at a constant

Dorpac Corporation has a dividend yield of 1.5%.

Its equity cost of capital is 8.0%,

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?

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