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Kennesaw Corp. is projected to pay a dividend of $2.8 one year from now. The common stock is currently selling for $34.50 and investors on

Kennesaw Corp. is projected to pay a dividend of $2.8 one year from now. The common stock is currently selling for $34.50 and investors on aggregate require a 13% return. Assuming a constant dividend growth model, what is the growth rate of the dividend?

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