Find the growth rate of dividend

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problem 1: A share is expected to give a $2 dividend next year (D1). The required rate of return is 20 percent and the stock is selling for $20. Assuming a constant rate, find the growth rate of dividend.

Option 1: 5%

Option 2: 10%

Option 3: 15%

Option 4: 20%

Reference no: EM132856782

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