problem: Hahn Manufacturing is expected to pay a dividend of 1.00 dollar per share at the end of the year [D1 = $1.00]. The stock sells for $40 per share, & its required rate of return is 11 percent. The dividend is expected to grow at a constant rate, g, forever. find out Hahn's expected growth rate?
[A] 9.00%
[B] 9.50%
[C] 10.00%
[D] 8.00%
[E] 8.50%