An analyst gathered the following annual data for SMG Corporation on 2004:

Net profit margin	5%
Total asset turnover	2.0%
Total assets to equity	2.5%
Net income	$25000000
Dividends paid on common stock	$10000000

The SMG Corporation's estimated dividend growth rate is closest to:

A. 10.0%.


B. 15.0%.

C. 20.0%.