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TomTom Inc. just paid a dividend of $3.00 (that is, DO = 3.00). The current...

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TomTom Inc. just paid a dividend of $3.00 (that is, DO = 3.00). The current market price of the stock is $50 per share. Investors require a return of 15 percent on TomTom's stock. What is the implied growth rate of TomTom Inc., assuming that it grows at a constant rate? 9.0% 10.0% 8.5% 7.5% not enough information to answer this

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