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East Companys shares are selling right now for $35. They expect that the dividend one year from now will be $2.22 and the required return

East Companys shares are selling right now for $35. They expect that the dividend one year from now will be $2.22 and the required return is 12%. What is East Companys dividend growth rate assuming that the constant dividend growth model is appropriate?

A5.66%

B6.13%

C5.00%

D6.34%

E4.78%

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