Day-Brite, Inc currently pays a $1.30 dividend and its current stock price is $30.80. Assuming the company's cost of equity capital is 6% use the dividend discount valuation model to estimate the company's growth rate. O 1.8% O 1.4% O 2.8% O 3.7%

Day-Brite, Inc currently pays a $1.30 dividend and its current stock price is $30.80. Assuming the company's cost of equity capital is 6% use the dividend discount valuation model to estimate the company's growth rate. 1.8% 1.4% 2.8% 3.7%