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Abercrombie fitchs common stock pays a dividend of 175 it

(Common stock valuation?) Abercrombie? & Fitch's common stock pays a dividend of $1.75.] It is currently selling for $ 38.23 .If the? firm's investors require a return of 13 percent on their investment from buying Abercrombie? & Fitch? stock, what growth rate would Abercrombie? & Fitch have to provide the? investors?

The growth rate Abercrombie? & Fitch would have to provide the investors is ?%._______ ?(Round to two decimal? places.)

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Finance Basics: Abercrombie fitchs common stock pays a dividend of 175 it

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Finance Basics: Abercrombie fitchs common stock pays a dividend of 175 it

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