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Turnips and Parsley Ordinary Equity Sells for €39

Question 92

Multiple Choice

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%

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