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You expect KT industries ( KTI ) will have earnings per share of $ 3 this year and expect that they will pay out $

You expect KT industries (KTI) will have earnings per share of $3 this year and expect that they will pay out $2.50 of these earnings to shareholders in the form of a dividend. KTI's return on new investments is 15% and their equity cost of capital is 13%. The expected growth rate for KTI's dividends is closest to:
A.2.2%
B.1%
C.2.5%
D.1.5%
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