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Given that the cost of common stock is 15 percent, dividends just paid are $1.25 per share and the price of the stock is $13
Given that the cost of common stock is 15 percent, dividends just paid are $1.25 per share and the price of the stock is $13 per share, what is the annual growth rate of dividends?
A. | 5.30% | |
B. | 4.91% | |
C. | 4.83% | |
D. | 5.25% |
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