Abc is expected to pay a dividend of 41 per share at the, Finance Basics

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Abc is expected to pay a dividend of 41 per share at the

Question: ABC is expected to pay a dividend of $4.1 per share at the end of the year. The stock sells for $167 per share, and its required rate of return is 14.6%. The dividend is expected to grow at some constant rate, g, forever. What is the growth rate (i.e. solve for g)?

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