Question: The Battery Co . paid $ 1 . 2 0 in dividends last year. Margaret paid a price of $ 1 5 . 0 0

The Battery Co. paid $1.20 in dividends last year. Margaret paid a price of $15.00 a share for Battery Co. stock and has an expected return of 8% on this investment. What is the growth rate of the Battery Co. stock?
Multiple Choice
16%
12%
0%
8%
4%

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