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Hamilton Supply Stores stock is currently selling for $50 a share. The firm is expected to earn $5.00 per share this year and to pay
Hamilton Supply Stores stock is currently selling for $50 a share. The firm is expected to earn $5.00 per share this year and to pay a year-end dividend of $3.00. Investors require a return of 10%. What rate of growth must be expected for Hamilton?
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