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The company plows back 3 5 % of its earnings into projects yielding 1 8 % . The stock s required rate is 1 6

The company plows back 35% of its earnings into projects yielding 18%. The stocks required rate is 16%.
What is the dividend yield to two decimal places? in excel
Hint. Compute g and then solve for D1/ P0 from the price equation.

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