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show work in excel please Suppose the Price/Earnings Ratio for the S&P 500 is 21 and the dividend payout ratio of the S&P 500 is

show work in excel please

Suppose the Price/Earnings Ratio for the S&P 500 is 21 and the dividend payout ratio of the S&P 500 is 45%. The future growth rate of dividends is expected to be 4.75%.
Use Goal Seek or Solver to determine the dividend growth rate that would yield an expected Market return of 8%.

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