Question: 24. Chapter MC, Section 19, Problem 066 Francis Inc.'s stock has a required rate of return of 10.25%, and it sells for $87.50 per share.

24. Chapter MC, Section 19, Problem 066 Francis Inc.'s stock has a required rate of return of 10.25%, and it sells for $87.50 per share. The dividend is expected to grow at a constant rate of 6.00% per year. What is the expected year-end dividend, D? Oa. $2.79 Ob. $3.72 O $4.65 Od $3.16 O $3.90

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