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Hot Teas common stock is currently selling for $41.04. The last annual dividend paid was $1.31 per share and the market rate of return is 11.2 percent. At what rate is the dividend growing

Hot Teas common stock is currently selling for $41.04. The last annual dividend paid was $1.31 per share and the market rate of return is 11.2 percent. At what rate is the dividend growing?

A. 7.76%

B. 6.67%

C. 8.42%

D. 8.60%

E. 6.10%

 

Jun 14 2021 View more View Less

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