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You are considering an investment in Longfellow stock, which is expected to pay a dividend of $2.50 a share one year from now. Assume you

You are considering an investment in Longfellow stock, which is expected to pay a dividend of $2.50 a share one year from now.  Assume you require a return of 15.5% on this investment and the stock currently trades at $20 per share.  What is the constant growth rate

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