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growth rate required Question Help Common stock valuation) Abercrombie & Fitch's common stock pays a dividend of $2.75. It is currently selling for $31.17. If

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growth rate required

Question Help Common stock valuation) Abercrombie & Fitch's common stock pays a dividend of $2.75. It is currently selling for $31.17. If the firm's investors require a return of 9 percent on their investment from buying Abercrombie & Fitch stock, what growth rate would Abercrombie & Fitch have to provide the investors? The growth rate Abercrombie & Fitch would have to provide the investors is %. (Round to two decimal places.)

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