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Dorpac Corporation has a dividend yield of 1.5%. Dorpacs equity cost of capital is 8%, and its dividends are expected to grow at a constant

Dorpac Corporation has a dividend yield of 1.5%. Dorpacs equity cost of capital is 8%, and its dividends are expected to grow at a constant rate. What is the expected growth rate of Dorpacs dividends?

A. 8%

B. 9.5%

C. 6.5%

D. 5.3%

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