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The current cum-div share price of Groovestone plc is 3.56. It is just about to issue a dividend of 32 pence. If investors require a
The current cum-div share price of Groovestone plc is 3.56. It is just about to issue a dividend of 32 pence. If investors require a return of 14% per annum, what is the implied future annual dividend growth rate?
A. 4.6%
B. 4.1%
C. 5.3%
D. 6.3%
E. 3.8%
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