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D R Horton Homes has adopted a policy of increasing its annual dividend at a constant rate of 2.35 percent annually. The company just paid

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D R Horton Homes has adopted a policy of increasing its annual dividend at a constant rate of 2.35 percent annually. The company just paid its annual dividend of $2.84. What will the dividend be nine years from now? $3.10 $3.05 $3.08 $3.50 None of these answers are correct

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