What is east companys dividend growth rate assuming, Finance Basics

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What is east companys dividend growth rate assuming

Problem

East Company's shares are selling right now for $35. They expect that the dividend one year from now will be $2.22 and the required return is 12%.

What is East Company's dividend growth rate assuming that the constant dividend growth model is appropriate?

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Finance Basics: What is east companys dividend growth rate assuming

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Finance Basics: What is east companys dividend growth rate assuming

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