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Question 15 (0.2 points) Bavarian Sausage is expected to pay a $3.0 dividend next year. If the required return on the stock investment is 10%,

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Question 15 (0.2 points) Bavarian Sausage is expected to pay a $3.0 dividend next year. If the required return on the stock investment is 10%, and the stock currently sells for $47.33, what is the implied dividend growth rate for this company? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%) Your Answer: B

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