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A company paid a dividend per share of $1.75 last year. The expected ROE for next year is 14.5%. An appropriate required return on the

A company paid a dividend per share of $1.75 last year. The expected ROE for next year is 14.5%. An appropriate required return on the stock is 10%. If the firm has a plowback ratio of 75%, the dividend in the coming year should be Select one:

$1.80

$2.12

$1.77

$1.94

$3.45

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