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Basil owns one share of stock of Lucky Hare and one share of stock of Glacial Tortoise. The total value of his holdings is $

Basil owns one share of stock of Lucky Hare and one share of stock of Glacial Tortoise. The total value of his holdings is $105.03. Both stocks pay annual dividends that are expected to continue forever. The expected return on Lucky Hare stock is 11.50 percent and its annual dividend is expected to remain at $3.54 forever. The expected return on Glacial Tortoise stock is 9.90 percent. The next dividend paid by Glacial Tortoise is expected to be $3.43 and all subsequent dividends are expected to grow at a constant rate. What growth rate is expected for Glacial Tortoise dividends? The next dividend for both firms'stocks will be paid in one year.
A)5.28%(plus or minus 2 bps)
B)6.63%(plus or minus 2 bps)
C)14.52%(plus or minus 2 bps)
D)6.88%(plus or minus 2 bps)
the answer cannot be obtained based on the given information

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