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DYP Company just paid a year-end dividend of $4.00 a share. The stock currently sells for $45.25 a share. The required rate of return on
DYP Company just paid a year-end dividend of $4.00 a share. The stock currently sells for $45.25 a share. The required rate of return on the stock is 17 percent. If the dividend is expected to grow at a constant rate, g, what is g?
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