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12. Rosie's just paid a dividend of $1 per share. The firm maintains a constant dividend growth policy and distributes dividends on an annual basis.

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12. Rosie's just paid a dividend of $1 per share. The firm maintains a constant dividend growth policy and distributes dividends on an annual basis. The firm is growing by 2.5 percent per year. What is the anticipated dividend for year 3? a. $1 b. $1 x (1.025)1 c. $1 x (1.025)2 (1. $1 x (1.025)3 6. $1 x (1.025)4

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