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Di. The firm expects to increase this dividend by 10 percent per year the following two years and The Aunt Fran Needlepoint is planning on

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Di. The firm expects to increase this dividend by 10 percent per year the following two years and The Aunt Fran Needlepoint is planning on paying a dividend of S1,25 a share next year, that is, then have the dividend grow at 3 percent annually thereafter. Which one of the following is the correct computation of the dividend for year 4? a. $1.25 x [2 (1.1 1.03)] b. $1.25 x 1.12 x (1 - 03) C. $1.25 x 1.1" x 1.03 d. $1.25 X 1.12 x 1.037 X X ith model. The solution for

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