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A firm's next annual dividend will be $ 2 . 8 8 per share, and all later dividends are expected to increase by 2 .

A firm's next annual dividend will be $2.88 per share, and all later dividends are expected to increase by 2.2 percent annually. The stock is currently selling for $25.53 per share. What is the rate of return?
A)13.48%
B)11.53%
C)11.02%
D)13.73%
E)11.03%
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