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A stock pays a constant annual dividend and sells for $ 5 6 . 1 0 a share. If the market rate of return on

A stock pays a constant annual dividend and sells for $56.10 a share. If the market rate of return on this stock is 12.5 percent, what is the amount of the next annual dividend?
A. $5.67 B. $5.94 C. $6.21 D. $6.84 E. $7.30

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