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You find a stock priced at $83 that just paid a dividend of $2.20. If the required return of the stock is 11%, what dividend

You find a stock priced at $83 that just paid a dividend of $2.20. If the required return of the stock is 11%, what dividend growth rate is expected for the stock?

  • A. 6.19%
  • B. 6.35%

  • C. 8.13%

  • D. 8.35%

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