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Kona Inc. forecasts earnings per share one year from now of $4.77. At that time, the firm plans to pay a dividend of $1.9 per

Kona Inc. forecasts earnings per share one year from now of $4.77. At that time, the firm plans to pay a dividend of $1.9 per share. Thereafter, Kona management plans to keep its dividend payout rate constant forever. The firm's expected return on new investment is 12.9%. What annual growth rate do you expect in Kona's dividends

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