What is the growth rate for this stock

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Question - ABC Corporation's stock is selling for $35 in the market. The company's beta is 0.7, the market risk premium is 4 percent, and the risk-free rate 9 percent. The previous (last) dividend paid was $2.5 and dividends are expected to grow at a constant rate. What is the growth rate for this stock? Show computations.

Reference no: EM132974312

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