What is the company constant growth rate

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A company's current stock price is $15.5, and this company has just paid a dividend of $1 per share. The dividends are expected to grow at a constant rate in the future. The company's beta is 1.15, the return on the market is expected to be 11%, and the risk-free rate is 4%. What is the company's constant growth rate?

Reference no: EM13284966

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