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Homework answers / question archive / Dorpac Corporation has a dividend yield of 1
Dorpac Corporation has a dividend yield of 1.7%. Dorpac's equity cost of capital is 7.4%, and its dividends are expected to grow at a constant rate.
a. What is the expected growth rate of Dorpac's dividends?
b. What is the expected growth rate of Dorpac's share price?
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