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Xytex Products just paid a dividend of $1.72 per share, and the stock currently sells for $42. If the discount rate is 11 percent, what

Xytex Products just paid a dividend of $1.72 per share, and the stock currently sells for $42. If the discount rate is 11 percent, what is the dividend growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) Growth rate %

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