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The stock price of Alps Co . is $ 5 4 . 5 0 . Investors require a return of 1 5 percent on similar
The stock price of Alps Co is $ Investors require a return of percent on similar stocks.
If the company plans to pay a dividend of $ next year, what growth rate is expected for the companys stock price? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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