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Help Moderate Growth Company paid a dividend last year of $2.50. The expected ROE for next year is 13%. An appropriate required return on the

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Moderate Growth Company paid a dividend last year of $2.50. The expected ROE for next year is 13%. An appropriate required return on the stock is 11% If the firm has a plowback ratio of 55%, what should the dividend in the coming year be? (Round your answer to 3 decimal places.) Dividend

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