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The common stock of Polybius Inc. just paid an annual dividend of $ 1.42 . The dividend is expected to grow at a constant rate

The common stock of Polybius Inc. just paid an annual dividend of $ 1.42 . The dividend is expected to grow at a constant rate forever. The required rate of return for this stock is 10.3 percent. If the current price of the stock is $ 23.94 what is the expected growth rate of the dividends? Give your answer to the nearest .1%. Do not use the % sign in your answer. For example, if the answer is 9.2% enter

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