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What is the expected growth rate of the dividends

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Question - The common stock of Darkover Inc. just paid an annual dividend of $1.00. The dividend is expected to grow at a constant rate forever. The required rate of return for this stock is 11.8 percent. If the current price of the stock is $ 20.90, what is the expected growth rate of the dividends?

Reference no: EM132967960

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