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Find the expected growth rate

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Reference no: EM13983363

The common stock for Hunter Corp. currently sells for $78. What dividend would the firm pay next year if the expected stock price will be $82 on the date the dividend is paid and investors require a 11% return?

Hint: Find the expected growth rate (g) in the stock price and then use it to find the dividend.

Reference no: EM13983363

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