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Answer is highlighted show the steps of how you got to the answer, no excel explanation. SHOW ALL THE FORMULA 264. The Battery Co. paid

image text in transcribed Answer is highlighted show the steps of how you got to the answer, no excel explanation. SHOW ALL THE FORMULA

264. The Battery Co. paid $1.20 in dividends last year. Margaret paid a price of $15.00 a share for Battery Co. stock and has an expected return of 8% on this investment. What is the growth rate of the Battery Co. stock? A. 0% B. 4% C. 8% D. 12% E. 16%

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