Multiple Choice
Luther Industries has a dividend yield of 4.5% and and a cost of equity capital of 12%.Luther Industries' dividends are expected to grow at a constant rate indefinitely.The growth rate of Luther's dividends is closest to:
A) 7.5%
B) 5.5%
C) 16.5%
D) 12%
E) 4.5%
Correct Answer:

Verified
Correct Answer:
Verified
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