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Question 48 (1 point) Francis Inc.'s stock has a required rate of return of 10.25%, and it sells for $87.50 per share. The dividend is

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Question 48 (1 point) Francis Inc.'s stock has a required rate of return of 10.25%, 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;? $3.72 $2.79 $4.65 $3.16 $3.90

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