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CDB stock is currently priced at $76. The company will pay a dividend of $4.41 next year and investors require a return of 10.6 percent

CDB stock is currently priced at $76. The company will pay a dividend of $4.41 next year and investors require a return of 10.6 percent on similar stocks. What is the dividend growth rate on this stock?

4.48%

5.08%

5.80%

4.56%

4.80%

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