What is the current dividend and what is the growth rate


Problem

Suppose a firm has just reported an EPS of $4.55 and expects to maintain a dividend payout ratio of 48 percent. The firm's price-earnings ratio is 11 and its return on equity is 17.36 percent.

Do NOT use units, ($ %) spaces or commas in your answers.

a) What is the current dividend (to the nearest cent)?
b) What is the growth rate?
c) What is the current stock price (to the nearest cent)?
d) What is its required rate of return?

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