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Luther Industries has a dividend yield of 4.6% and a cost of equity capital of 12%. Luther Industries' dividends are expected to grow at a
Luther Industries has a dividend yield of 4.6% and a cost of equity capital of 12%. Luther Industries' dividends are expected to grow at a constant rate indefinitely. The growth rate of Luther's dividends are closest to: A. 16.6% B. 14.8% C. 6.7% D. 7.4%
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