Question: 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

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? 5.00% O 6.34% 6.13% 4.78% 5.66%
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