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Thank in advance! Tangshan China Companys stock is currently selling for $80.00 per share. The expected dividend one year from now (D1) is $4.00 and

Thank in advance!

Tangshan China Companys stock is currently selling for $80.00 per share. The expected dividend one year from now (D1) is $4.00 and the required rate of return is 13%. What is Tangshans annual dividend growth rate (g), assuming that dividends are expected to grow at a constant rate forever? SHOW ALL WORK.

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