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 10%. The expected growth rate for KTI's dividends is closest to: O A. 2.7% OB. 1.1% O C. 1.7% OD 1.6%