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QUESTION 20 1. Groovestone plc has just issued a dividend of 28 pence. The current ex-div share price of the company is 5.64. If investors

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QUESTION 20 1. Groovestone plc has just issued a dividend of 28 pence. The current ex-div share price of the company is 5.64. If investors require a return of 9% per annum, what is the implied future annual dividend growth rate? A. 4.8% B.6.79% C. 3.8% D.3.1% E. 5.7%

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