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The stock price of Webber Co. is $53.30. Investors require a return of 15 percent on similar stocks. Required: If the company plans to pay

The stock price of Webber Co. is $53.30. Investors require a return of 15 percent on similar stocks.
Required:

If the company plans to pay a dividend of $3.30 next year, what growth rate is expected for the company

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