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20. The Black & Gold Co. is expected to pay a $3.60 annual dividend. The market rate of return on this security is 14 percent

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20. The Black & Gold Co. is expected to pay a $3.60 annual dividend. The market rate of return on this security is 14 percent and the market price is $38.70 a share. What is the expected growth rate of Black & Gold? A. 4.20 percent B. 4.30 percent C. 4.60 percent D. 4.70 percent

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