Question: I'm studying and have a practice problem I cant figure out. Grant Corporation is selling for $40 in the market and just paid a $3

I'm studying and have a practice problem I cant figure out.

Grant Corporation is selling for $40 in the market and just paid a $3 dividend for the past year. The company's beta is .8, the market return is 12% and the risk free rate is 6%. What is the constant growth rate for this stock?

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