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I own 50 shares of a stock that has a market value of $76.80 per share. The stock recently paid dividends of $4.07 per share.
I own 50 shares of a stock that has a market value of $76.80 per share. The stock recently paid dividends of $4.07 per share. Seven years ago, they paid a dividend of $1.63 per share. What is the average annual growth rate (g) over the last seven years? Should I keep this investment, or should I consider selling it?
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