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A company has stock which costs $43.50 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 $43.50 per share and pays a dividend of $2.40 per share this year. The company's cost of equity is 12%. What is the expected annual growth rate of the company's dividends? O A. 6.48% O B. 25.92% O C. 19.44% O D. 12.96%
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