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Short Answer Question - Please include your answer below (Two decimals, units included when relevant). You are not sure what the growth rate is for

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Short Answer Question - Please include your answer below (Two decimals, units included when relevant). You are not sure what the growth rate is for a question on the midterm. The question states that the dividend payout rate is 70%. The investments made with retained earnings at the company will return 9%. The discount rate it 5%. What is the constant growth rate that will be applied if these rates stay consistent overtime

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