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You are expecting LFP Inc, to pay a dividend of $3.32 next year. You estimate the price of LFP to be $50.34. You agree with

You are expecting LFP Inc, to pay a dividend of $3.32 next year. You estimate the price of LFP to be $50.34. You agree with the consensus estimate of 7.9% for the required rate of return. This means your expected growth rate is what percent? Answer as a percentage with two decimals.

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