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Techco Ltd., a mature technology firm, plans to pay a dividend of $2 next year. The risk-free rate is 4%, and the expected market risk

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Techco Ltd., a mature technology firm, plans to pay a dividend of $2 next year. The risk-free rate is 4%, and the expected market risk premium is 10%. The beta of Techco Ltd. stock is 1.25. If the firm's stock value is $21.00 today based on constant growth dividend model, what is the firm's constant growth rate

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