Use the following information to answer the question(s)below.
Nielson Motors has a share price of $50.00.Its dividend was $2.50,and you expect Nielson Motors to raise its dividend by approximately 6% per year in perpetuity.
-Given Nielson's current share price,if Nielson's equity cost of capital is 13%,then Nielson's expected growth rate is closest to:
A)5%.
B)6%.
C)7%.
D)8%.

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The Answer of Use the following information to answer the question(s)below.
Nielson Motors has a share price of $50.00.Its dividend was $2.50,and you expect Nielson Motors to raise its dividend by approximately 6% per year in perpetuity.
-Given Nielson's current share price,if Nielson's equity cost of capital is 13%,then Nielson's expected growth rate is closest to:
A)5%.
B)6%.
C)7%.
D)8%.

Use the Following Information to Answer the Question(s)below