Question: Question Help (Common stock valuation) Bates Inc, pays a dividend of 53.00 and is currently seling for $34.35. investors require a retum of 15 percent

Question Help (Common stock valuation) Bates Inc, pays a dividend of 53.00 and is currently seling for $34.35. investors require a retum of 15 percent on their investment from buying Bates stock what growin rate would Bates Inc. have to provide the investors? The growth rate Bates Inc. would have to provide the investors is % (Round to two decimal places)

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