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Suppose a company is currently trading at $42.00 per share and will pay a cash dividend of $2.50 this year. The company's required return on

Suppose a company is currently trading at $42.00 per share and will pay a cash dividend of $2.50 this year. The company's required return on equity is 8%. What is the expected annual growth rate of the company's dividends?

2%

4%

11%

9%

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