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 16% and their equity cost of capital is 15%. The expected growth rate for KTI's dividends is closest to: O A. 2.5% B. 1.6% O C. 1.1% OD. 2.7%