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A company has stock which costs $41.00 per share and pays a dividend of $2.40 per share this year. The company's cost of equity is
A company has stock which costs $41.00 per share and pays a dividend of $2.40 per share this year. The company's cost of equity is 7%. What is the expected annual growth rate of the company's dividends? O A. 3.45% B. 1.15% C. 4.6% D. 2.3%
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