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Llano's stock is currently selling for $40,00. The expected dividened one year from now is $2 and the required return is 13%. What is this

Llano's stock is currently selling for $40,00. The expected dividened one year from now is $2 and the required return is 13%. What is this firm's dividend growth rate assuming the constant dividened growth model is appropriate?

Answer: 8%

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