What is the expected growth rate of future dividends

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Problem 1: The common stock of RMW Inc. is selling at $80 a share. It just paid a dividend of $5. Investors expect a return of 10 percent on their investment in RMW Inc. From this information, what is the expected growth rate of future dividends? (Round answer to 2 decimal place, e.g. 52,75.)

Reference no: EM132828299

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