Gilligan Cruises' just paid its first dividend. The company's stock is currently selling for $$82\mathrm{.}55$ per share based upon a rate of return of $13\mathrm{.}7$ percent. What was the initial dividend $(D_0),$ based upon the company's $4\mathrm{.}8$ percent dividend growth rate?

Copper Miners Company is expected to pay an annual dividend of $$3\mathrm{.}40$ next year. The stock is selling for $$40\mathrm{.}00$ a share and has a total return of $12\mathrm{.}00$ percent. What is the dividend growth rate?

$3$