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ZYX Corporation currently pays a $1.55 dividend and its current stock price is $53.50. Assuming the companys cost of equity capital is 6% use the
ZYX Corporation currently pays a $1.55 dividend and its current stock price is $53.50.
Assuming the companys cost of equity capital is 6% use the dividend discount valuation model to estimate the companys growth rate.
Group of answer choices
3.1%
6.0%
2.4%
1.7%
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