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What is the growth rate that Jibbergum, Corp. is expected to reach if its common stock pays a dividend of $1.00 per share and its

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What is the growth rate that Jibbergum, Corp. is expected to reach if its common stock pays a dividend of $1.00 per share and its current market price is $32.50, with a required return of 12 percent? The growth rate is expected to be %. (Round to two decimal places.)

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