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The market price of a stock is $23.19 and it just paid a dividend of $1.29. The required rate of return is 11.53%. What is

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The market price of a stock is $23.19 and it just paid a dividend of $1.29. The required rate of return is 11.53%. What is the expected growth rate of the dividend? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Wil accept decimal format rounded to 4 decimal places (ex: 0.0924)

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