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Braxton's Cleaning Company stock is selling for $31.00 per share based on a required return of 11.5 percent. What is the the next annual dividend
Braxton's Cleaning Company stock is selling for $31.00 per share based on a required return of 11.5 percent. What is the the next annual dividend if the growth rate in dividends is expected to be 3.6 percent indefinitely? Multiple Choice $2.45 $2.20 $2.54 $2.36 $2.73
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