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Hi, can you show me how to answer this question? Dorpac Corporation has a dividend yield of 1.7%. Dorpac's equity cost of capital is 8.4%,
Hi, can you show me how to answer this question?
Dorpac Corporation has a dividend yield of 1.7%. Dorpac's equity cost of capital is 8.4%, and its dividends are expected to grow at a constant rate.
(a)What is the expected growth rate of Dorpac's dividends?
(b)What is the expected growth rate of Dorpac's share price?
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