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A company currently pays an annual dividend of $1.25(D 0 ). If the growth rate of dividends is 7.5%, what is the value of the

A company currently pays an annual dividend of $1.25(D0). If the growth rate of dividends is 7.5%, what is the value of the dividend one year from now?

$0.90

$1.34

$1.57

$2.36

$1.11

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