Question: A common stock pays an annual dividend that increases by 4% annually and sells for $35 per share. If the market rate of return

A common stock pays an annual dividend that increases by 4% annually and sells for $35 per share. If the market rate of return on this stock is 8%. What is the amount of the ?last dividend paid $1.53 O $1.15 O $1.73 O $1.34 O

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