Question: If the dividend yield for year 1 is expected to be 5% based on a stock price of $25, what will the year 4 dividend
If the dividend yield for year 1 is expected to be 5% based on a stock price of $25, what will the year 4 dividend be if dividends grow annually at a constant rate of 6%? A. $1.33 B. $1.49 C. $1.58 D. $1.67
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