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YRB Corporation just paid a cash dividend per share of $5.00. The stock price is $149.29 and the required rate of return is 8%. Assuming
YRB Corporation just paid a cash dividend per share of $5.00. The stock price is $149.29 and the required rate of return is 8%. Assuming a constant growth model, what is the expected dividend growth rate?
What is the dividend growth rate? (Enter an amount to the nearest 0.01%. Leave the % sign off.)
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