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A company has stock which costs $ 4 1 . 5 per share and pays a dividend of $ 2 . 1 per share this

A company has stock which costs $41.5 per share and pays a dividend of $2.1 per share this year. The company's cost of equity is 11%. What is the expected annual growth rate of the company's dividends?
A.5.9%
B.17.7%
C.11.8%
D.23.6%
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