Home Products common stock sells for $68.31 a share and has a market rate of return of 13 percent. The companyexpects to payan annual dividend of $3.42 per share, and that dividend is expected to grow at a constant rate per year indefinitely. What is the dividend growth rate?

A.5.79 percent

B.7.99 percent

C.6.69 percent

D.4.29 percent