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Tamara Ltd.'s stock is currently trading at $72 per share. The company recently paid a dividend of $2.85, which is expected to grow at

  

Tamara Ltd.'s stock is currently trading at $72 per share. The company recently paid a dividend of $2.85, which is expected to grow at a constant rate forever. Given a required rate of return of 8% and that the stock is fairly valued, the implied growth rate is closest to Number % Round your answer to two decimals

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