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XYZ Corporation has just paid a dividend of 52 cents per share . The current market price of the share is $16 and shareholders require

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XYZ Corporation has just paid a dividend of 52 cents per share . The current market price of the share is $16 and shareholders require a return of 11% pa. What is the annual growth rate (g ) of the dividends? Answer as a percentage accurate to two decimal places. Do not enter the %, sign

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