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CDB stock is currently priced at $82. The company will pay a dividend of $4.65 next year and investors require a return of 10.9 percent

CDB stock is currently priced at $82. The company will pay a dividend of $4.65 next year and investors require a return of 10.9 percent on similar stocks. What is the dividend growth rate on this stock?

5.67%

5.23%

4.88%

4.96%

4.97%

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