What is the dividend growth rate

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Reference no: EM131013129

Xytex Products just paid a dividend of $1.82 per share, and the stock currently sells for $53. If the discount rate is 13 percent, what is the dividend growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Reference no: EM131013129

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