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Emery Company just paid a dividend yesterday of $2.25 per share. The company's stock is currently selling for $60 per share, and the required rate

Emery Company just paid a dividend yesterday of $2.25 per share. The company's stock is currently selling for $60 per share, and the required rate of return on DRE Company stock is 15%. What is the growth rate expected for Emery Company dividends? (Round your answer to the nearest two decimal places.)

a.9.38%b.9.76%c.10.84%d.11.35%

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