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Nielson Motors has a share price of $50.00. Its dividend was $2.50, and you expect Nielson Motors to raise its dividend by approximately 6% per
Nielson Motors has a share price of $50.00. Its dividend was $2.50, and you expect Nielson Motors to raise its dividend by approximately 6% per year in perpetuity. Given Nielson's current share price, if Nielson's equity cost of capital is 12%, then Nielson's expected growth rate is closest to?
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