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Lightyear Tires pays dividends that are expected to grow at a constant rate indefinitely. If the company's stock has a current price of $70.75, a
Lightyear Tires pays dividends that are expected to grow at a constant rate indefinitely. If the company's stock has a current price of $70.75, a required return of 7.28%, and an expected capital gains yield 4.16%, what the stock's next dividend expected to be? O a. $2.21 Ob. $1.75 Oc. $5.15 O d. $2.94 Oe. Cannot be computed with the information given
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