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Calculate the average growth rate. (Enter your answer as a percentage, rounded to 2 decimal places, using intermediate calculations rounded to at least 4 decimal places.)

Respuesta :

Answer:

Growth rate is 6%

Explanation:

Po = [tex]\frac{D1}{r-g}[/tex]

P  = 0.3 / (0.1 - 0.06)

P =  $75

Dividend growth model is used to calculate the stock price based on the dividend growth.

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