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Determine the expected growth rate in sisphean companys

Assignment:

The Sisyphean Company's common stock is currently trading for $25.00 per share. The stock is expected to pay a $2.50 dividend at the end of the year and the Sisphean Company's equity cost of capital is 14%. If the dividend payout rate is expected to remain constant, then the expected growth rate in the Sisphean Company's earnings is closest to.

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Corporate Finance: Determine the expected growth rate in sisphean companys

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Corporate Finance: Determine the expected growth rate in sisphean companys

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