You expect KT industries (KTI) will have earnings per share of $5 this year and expect that they will pay out $1.50 of these earnings to shareholders in the form of a dividend. KTI's return on new investments is 16% and their equity cost of capital is 12%. The expected growth rate for KTI's dividends is closest to: O A. 11.2% B. 4.5% C. 6.7% OD. 8.4%