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A companys common share has a price of $300, and the company will pay a dividend (D1) of dividend of $9. If the dividend is
A companys common share has a price of $300, and the company will pay a dividend (D1) of dividend of $9. If the dividend is expected to grow at a constant rate, what would the growth rate be if the required rate of return is 15%? *
A. 10%
B. 12%
C. 15%
D. 8%
E. None of the above
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