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Ginseng Inc is expected to pay a dividend of $ 1 . 2 5 per share at the end of the year. The stock sells

Ginseng Inc is expected to pay a dividend of $1.25 per share at the end of the year. The stock sells for $20.50 per share, and its required rate of return is 10.0%. The dividend is expected to grow at some constant rate, s. forever. What is the implied growth rate?

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