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Reilly Supermarkets common stock is selling at $54, the cash dividend expected next year (at time t = 1) is $3.78 per share, and the

Reilly Supermarkets common stock is selling at $54, the cash dividend expected next year (at time t = 1) is $3.78 per share, and the required rate is of return is 15 percent. What is the implied compound growth rate (to infinity) in cash dividends?

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