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I need CONSTANT GROWTH RATE, PLEASE SHOW ME HOW TO DO IT IN EXCEL Suppose GDL just paid a dividend of $3.12 and the required

image text in transcribed I need CONSTANT GROWTH RATE, PLEASE SHOW ME HOW TO DO IT IN EXCEL

Suppose GDL just paid a dividend of $3.12 and the required return on the stock is 9%. What constant growth rate must investors expect if the stock currently sells for $50.66? Answer to 4 decimal places, for example 0.1234

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