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A company has stock which costs $43.25 per share and pays a dividend of $2,50 per share this year. The company's cost of equity is

A company has stock which costs $43.25 per share and pays a dividend of $2,50 per share this year. The company's cost of equity is 12%. What is the expected annual growth rate of the company's dividends? A. 12.44% O B. 24.88% C. 18.66% OD 6.22%

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