Russell Foods pays a fixed annual dividend of $2.28 a share. At a required return of 11.5 percent, the stock is valued at $43.20 a share. What is the dividend growth rate at this price?

A. 5.99 percent
B. 5.28 percent
C. 6.12 percent
D. 5.37 percent
E. 6.22 percent

Ans: E. 6.22 percent

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Starbucks is one of the best known coffeehouse chains in the world. Each store sells a variety of innovative products to complement the array of coffee choices available

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