Home products common stock sells for $36.84 a share and has a market rate of return of 15.8 percent. the company just paid an annual dividend of $1.61 per share. what is the dividend growth rate? a) 11.43 percent. b) 11.06 percent. c) 10.87 percent. d) 11.18 percent. e) 10.95 percent.

E) 10.95%

Explanation:

Hi, in order to find the "g" or growth rate of this common stock, we need to solve the following equation.

Where:

P = Price

g = growth rate

r = market rate of return

Do = last dividend

So, we solve like this

And now we will have to work with its equivalent numbers

So, g = 10.95%

Best of luck.

answer; /// i believe the correct answer is (all of the above);

answer///the factor market;