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XYZ Corp. is expected to pay a dividend of $19.8 at the end of this year. The current stock price of XYZ shares is 164.

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XYZ Corp. is expected to pay a dividend of $19.8 at the end of this year. The current stock price of XYZ shares is 164. Investors want a required return (r) of 13% from investing in the stock. Using the Gordon growth model formula, what is investors' expecations of the future expected growth rate (g) of dividends for XYZ Corp? (answer in percent but without the percent sign, e.g. "10.22" is 10.22%) Type your

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