Laserace is selling at 2200 per share the most recent, Financial Management

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Laserace is selling at 2200 per share the most recent

LaserAce is selling at $22.00 per share. The most recent annual dividend paid was $0.80. Using the Gordon growth model, if the market requires a return of 11%, what is the expected dividend growth rate for LaserAce? Please show work for best comprehension.

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Financial Management: Laserace is selling at 2200 per share the most recent

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Financial Management: Laserace is selling at 2200 per share the most recent

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