If investors require a 8 return on this stock what is the


The common stock of Denis and Denis Research Inc. trades for $68 per share. Investors expect the company to pay a $3.91 dividend next year, and they expect that dividend to grow at a constant rate forever. If investors require a 8% return on this stock, what is the dividend growth rate they are anticipating?

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Financial Management: If investors require a 8 return on this stock what is the
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