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Tamara Ltd . ' s stock is currently trading at $ 3 8 . 2 5 per share. The company recently paid a dividend of

Tamara Ltd.'s stock is currently trading at $38.25 per share. The company recently paid a dividend of $1.50, which is expected to grow at a constant rate forever. Given a required rate of return of 10% and that the stock is fairly valued, the implied growth rate is closest to:
13.40%
6.08%
5.85%
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