A certain stock currently pays a dividend of $2.00 and is selling for $30.86. If the required rate of return on this stock is 15%, what is the implied expected dividend growth rate? Round your
Answer to the nearest tenth of a percent.

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The Answer of A certain stock currently pays a dividend of $2.00 and is selling for $30.86. If the required rate of return on this stock is 15%, what is the implied expected dividend growth rate? Round your
Answer to the nearest tenth of a percent.

A Certain Stock Currently Pays a Dividend of $2