Shen computers stock sells for 3000 per share the expected, Financial Management

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Shen computers stock sells for 3000 per share the expected

Shen Computer's stock sells for $30.00 per share, the expected dividend for the coming year is D1 = $1.20, and investors expect to realize a total return of 12%, which is also the required rate of return.

What is Shen's expected constant growth rate?

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Financial Management: Shen computers stock sells for 3000 per share the expected

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