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A firm just paid a dividend of $ 1 . 8 5 ( DO ) . The dividend growth rate is 3 % ( g

A firm just paid a dividend of $1.85(DO). The dividend growth rate is 3%(g). What is the expected value of the next dividend that the firm will pay (D1)?
Group of answer choices
$1.85
$1.91
$2.00
$5.55
$2.85
$0
$150.00
$2.70

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