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  3. rj inc's current dividend is $0.30. the investors'

RJ Inc's current dividend is $0.30. The Investors' required rate of return is 6.0%. The...

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Finance

RJ Inc's current dividend is $0.30. The Investors' required rate of return is 6.0%. The shares of RJ Inc are currently trading for $12.80. What is the implied growth rate that shareholders expect? Enter your answer as a percentage rounded to the nearest hundredth. For example, if your answer is 10.12345%, enter 10.12 in the box below.

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