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Imagine a stock that is expected to pay a dividend of $6 in three years...

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Accounting

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Imagine a stock that is expected to pay a dividend of $6 in three years (but no dividends before that) and the required rate of return is 12.1%pa. If the current stock price is $62, what is the expected dividend growth rate after year 3 ? 4.20% 4.40% 4.30% 4.50% 4.10%

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