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Russell Foods will pay a dividend of $2.28 next year. At a required return of 11.5 percent, the stock is valued at $43.20 a share.

Russell Foods will pay a dividend of $2.28 next year. At a required return of 11.5 percent, the stock is valued at $43.20 a share. What is the dividend growth rate at this price? a. 6.12 percent O b. 5.37 percent O c. 5.28 percent O d. 5.99 percent e. 6.22

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