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Hahn Manufacturing is expected to pay a dividend of $ 1 . 0 0 per share at the end of the year ( D 1

Hahn Manufacturing is expected to pay a dividend of $1.00 per share at the end of the year (D1=$1.00). The stock sells for $50 per share, and its required rate of return is 11%. The dividend is expected to grow at a constant rate, g, forever. What is Hahn's expected growth rate?
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