Stock selling price is Rs 35, expected dividend is Rs 5 and expected growth rate is 8% then cost of common stock would be

Stock selling price is Rs 35, expected dividend is Rs 5 and expected g

1.	Stock selling price is Rs 35, expected dividend is Rs 5 and expected growth rate is 8% then cost of common stock would be
A.	0.00%
B.	2.29%
C.	4.28%
D.	0.00%
Answer» C. 4.28%