far west trading expects to pay an annual dividend of 1.75 per share next year. What is the anticipated Divet in four year three if the firm increases its dividend by 3% annually

Far West Trading expects to pay an annual dividend of $1.75 per share next year. What is the anticipated dividend for Year 3 if the firm increases its dividend by 3 percent annually? Multiple Choice $1.75 x (1.03)4 $1.75 (1.03) $1.75 x (1.03)2 $1.75 x (1.03) $1.75 (1.03)5