Question: 2 points Save Answer CDB stock is currently priced at $62.61. The company will pay a dividend of $6.00 next year and investors require a

2 points Save Answer CDB stock is currently priced at $62.61.

2 points Save Answer CDB stock is currently priced at $62.61. The company will pay a dividend of $6.00 next year and investors require a return of 8.85 percent on similar stocks. What is the dividend growth rate on this stock? write your answer in percentage

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