Assume the Latest Dividend Per Share,paid Recently,for ACD Ltd Is

Multiple Choice

Assume the latest dividend per share,paid recently,for ACD Ltd is 90 cents and that the required rate of return on these shares is 15% p.a.If the current share price is $19.80,the expected growth rate on these shares is:

A) 0%.
B) 10%.
C) 5%.
D) 7.5%.