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The market price of a stock is $23.75 and it is expected to pay a dividend of $1.50 next year. The required rate of retum

The market price of a stock is $23.75 and it is expected to pay a dividend of $1.50 next year. The required rate of retum is 11.25%. What is the expected growth rate of the dividend? unanswered Submit not submitted Attempts Remaining: 4 Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. WW accept decimal format rounded to 4 decimal places (ex: 0.0924)

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