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Microsoftware Corp. pays out 51% of its earnings as dividends. Its return on equity is 10%. What is the stable dividend growth rate for the

Microsoftware Corp. pays out 51% of its earnings as dividends. Its return on equity is 10%. What is the stable dividend growth rate for the firm? Type your answer as a percentage and not as decimal (i.e., 5.2 and not 0.052). Do not type the percentage symbol. Round your answer to the nearest two decimals if needed

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