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Beta Company's stock just paid its annual dividend. This dividend will grow at a constant rate of 3 % per year forever. The current market

Beta Company's stock just paid its annual dividend. This dividend will grow at a constant rate of 3% per year forever. The current market price of the stock is $25.00 and the required rate of return on Beta is 12%. Calculate the amount of the annual dividend expected to be paid in one year.
Group of answer choices
$3.00
$2.32
$2.91
$2.18
$0.75
$2.25

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