Turnips and Parsley ordinary equity sells for €39.86 a share at a market rate of return of 9.5%.The company just paid its annual dividend of €1.20.What is the rate of growth of its dividend?
A)5.2%
B)5.5%
C)5.9%
D)6.0%
E)6.3%

Question

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The Answer of Turnips and Parsley ordinary equity sells for €39.86 a share at a market rate of return of 9.5%.The company just paid its annual dividend of €1.20.What is the rate of growth of its dividend?
A)5.2%
B)5.5%
C)5.9%
D)6.0%
E)6.3%

Turnips and Parsley Ordinary Equity Sells for €39