Stock selling price is Rs 65, expected dividend is Rs 20 and cost of common stock is 42% then expected growth rate will be

Stock selling price is Rs 65, expected dividend is Rs 20 and cost of c

1.	Stock selling price is Rs 65, expected dividend is Rs 20 and cost of common stock is 42% then expected growth rate will be
A.	.1123 times
B.	1.23%
C.	1.23 times
D.	s 11.23
Answer» C. 1.23 times