one question please answer quickly

25. A stock is priced at $38.24 a share and has a market rate of return of 9.65 percent. What is the dividend growth rate if the company plans to pay an annual dividend of $.48 a share next year? A. 7.42 percent B. 8.39 percent C. 2.23 percent D. 7.60 percent E. 1.26 percent