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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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