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Turnips and Parsley common stock sells for $31.65 a share at a market rate of return of 9.5%. The company just paid their dividend of

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Turnips and Parsley common stock sells for $31.65 a share at a market rate of return of 9.5%. The company just paid their dividend of $1.20. What is the rate of growth of their dividend which grows at a constant rate? A. 5.2% B. 5.5% C. 5.9% D. 6.0% E. 6.3%

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