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You expect KT industries (KTI) will have earnings per share of $4 this year and expect that they will pay out $1.75 of these earnings

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You expect KT industries (KTI) will have earnings per share of $4 this year and expect that they will pay out $1.75 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. 3.6% B. 6.8% O c. 9% OD. 5.4%

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