Question: Need help understanding and solving the following question: EXERCISE #3: Computer stocks currently provide an expected rate of return of 15%. MBI, a large computer

Need help understanding and solving the following question:

Need help understanding and solving the following question: EXERCISE #3: Computer stocks

EXERCISE #3: Computer stocks currently provide an expected rate of return of 15%. MBI, a large computer company, will pay a year-end dividend of $2 per share. If the stock is selling at $50 per share, what must be the market's expectation of the growth rate of MBI dividends? g

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