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Mill Co. is expected to pay a dividend of $1.0 per share at the end of the year. The stock sells for $40 per share,

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Mill Co. is expected to pay a dividend of $1.0 per share at the end of the year. The stock sells for $40 per share, and its required rate of return is 11%. The dividend is expected to grow at a constant growth rate, forever. What is Mill Co. growth rate

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