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Cara-Cara Inc. common stock pays an annual dividend which increases by 1.4% annually. Today, this stock sells for $50.56 per share and commands a market

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Cara-Cara Inc. common stock pays an annual dividend which increases by 1.4% annually. Today, this stock sells for $50.56 per share and commands a market rate of return of 14.65 percent. What is the expected amount of the dividend to be paid in one year? $6.50 (B) $6.61 (C) $6.70 (D) $6.79 (E) Cannot be calculated

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