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You buy a share of The Ludwig Corporation stock for $20.00. You expect it to...

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Finance

You buy a share of The Ludwig Corporation stock for $20.00. You expect it to pay dividends of $1.07, $1.1460, and $1.2274 in Years 1, 2, and 3, respectively, and you expect to sell it at a price of $24.57 at the end of 3 years. Calculate the growth rate in dividends.

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