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Given the following data, what is the stock's expected growth rate according to the Gordon model? Dividend per share just paid: $ 4 . 5

Given the following data, what is the stock's expected growth rate according to the Gordon model?
Dividend per share just paid: $4.5
Current market price: $40
Required rate of return: .15
Assume the stock is priced in equilibrium.
Select one:
a..0337
b..0412
c..0553
d..0612
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