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I need steps in completing the equation for this problem without a finacial calculator or excel 5. Investors expect the following series of dividends from

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I need steps in completing the equation for this problem without a finacial calculator or excel
5. Investors expect the following series of dividends from a particular common stock: After the 5th year, dividends will grow at a constant rate. If the required rate of return on the stock is 8% and the current market price is $47.86, what is the long-term rate of dividend growth expected by the market

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