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IBM's equity cost of capital is 7.9%, and its dividends are expected to grow at a constant rate. Their dividend yield is 2.3%. a. At
IBM's equity cost of capital is 7.9%, and its dividends are expected to grow at a constant rate. Their dividend yield is 2.3%. a. At what rate are IBM's dividends expected to grow? b. At what rate is IBM's share price expected to grow? a. IBM's dividends are expected to grow at %. (Round to one decimal place.) b. IBM's share price is expected to grow at %. (Round to one decimal place.)
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