A business paid a dividend last year of 24 and its stock is
A business paid a dividend last year of $2.4, and its stock is currently trading at $51 a share. If investors require a rate of return of 12.2, what is the implied growth rate for this company? Show your answer as a percentage to two decimal places.
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a business paid a dividend last year of 24 and its stock is currently trading at 51 a share if investors require a rate
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