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A company's current stock price is $48 per share, while investors' required return is 11.00%. If the dividend for the year just ended is $4.00

A company's current stock price is $48 per share, while investors' required return is 11.00%. If the dividend for the year just ended is $4.00 per share, how much is the dividend in two years from today assuming a constant annual dividend growth?

Question 13 options:

A)$3.99

B)$4.09

C)$4.20

D)$4.30

E)$4.41

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