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Find constant growth rate please. I know the answer is . 0 9 6 2 1 6 or 9 . 6 2 1 6 ,

Find constant growth rate please. I know the answer is .096216 or 9.6216, I just don't know how they got that number. There's more to this problem, but I really just need to figure out how to find the constant growth. I'm not sure of the rate or return or how to find it. Here is the problem: The compant has 9.4 Million common shares outstanding. Each share sells for $37 per share and the company just paid a dividend of $2.00 per share. Investors expect future dividends of this company to grow indefinitely by 4% per year.
Let me know if you need more info to figure our the constant growth rate. Again, the answer is either .096216 or 9.6216 Thank you

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