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7'2. The common stock of Energizer's pays an annual dividend that is expected to increase EDP-PP? by 10 percent annually. The stock commands a market

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7'2. The common stock of Energizer's pays an annual dividend that is expected to increase EDP-PP"? by 10 percent annually. The stock commands a market rate of return of 12 percent and sells for $60.50 a share. What is the expected amount of the next dividend to be paid on Euergizer's common stock? $.90 $1.00 $1.10 $1.21 $1.33

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