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Home Canning Products common stock sells for $41.00 a share and has a market rate of return of 12.8 percent. The company just paid an annual dividend of $1.15 per share. What is the dividend growth rate?

A. 8.29 percent

B. 8.45 percent

C. 9.23 percent

D. 9.67 percent

E. 9.72 percent

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  • Reference No.:- M943008

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