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The stock price of Baskett Co. is $53.60. Investors require a return of 14 percent on similar stocks. If the company plans to pay a
The stock price of Baskett Co. is $53.60. Investors require a return of 14 percent on similar stocks.
If the company plans to pay a dividend of $3.45 next year, what growth rate is expected for the company's stock price?
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