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Francis Inc.'s stock has a required rate of return of and it sells for $87.50 per share. The dividend is expected to grow at a

Francis Inc.'s stock has a required rate of return of and it sells for $87.50 per share. The dividend is expected to grow at a constant rate of 6.00% per year. What is the expected year-end dividend D ? a. $3.16 b. $2.79 c. $3.72 d. $4.65 e. $3.90

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