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ABC Company's stock has a required return of 12%, and the stock sells for $40 per share. The firm is expecting the dividend to grow

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"ABC" Company's stock has a required return of 12%, and the stock sells for $40 per share. The firm is expecting the dividend to grow by 30% per year for the next 4 years, in which D4 = $2.8561. After the fourth year, the dividend is expected to grow at a constant rate forever. What is the stock's expected constant growth rate after the fourth year? (write your answer in a decimal format, do not use the percentage sign)

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