[Solved] Next year Lamb Weston's dividend is expec

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Next year Lamb Weston's dividend is expected to be $2.30 and these dividends are expected to grow forever by 0.65%. Its stock price is $71.50.

Next year Lamb Weston's dividend is expected to be $2.30 and these dividends are expected to grow forever by 0.65%. Its stock price is $71.50. How much, in basis points, would the discount rate have to increase to drive the price up by 3.70%

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