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Perpetual Dividend Growth ( L 0 1 , CFA 6 ) Xytex Products just paid a dividend of $ 1 . 6 2 per share,

Perpetual Dividend Growth

(

01,

CFA

6)

Xytex Products just paid a dividend of $

1

. 62

per share, and the stock currently sells for $

28 .

the discount rate is

10

percent, what is the dividend growth rate?

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