Question: Braxton's Cleaning Company stock is selling for $$31\mathrm{.}25$ per share based on a required return of $9\mathrm{.}3$ percent. What is the the next annual dividend if the growth rate in dividends is expected to be $3\mathrm{.}7$ percent indefinitely? Multiple Choice o $$1\mathrm{.}91$ o $$1\mathrm{.}75$ o $$1\mathrm{.}60$ o $$1\mathrm{.}69$ o $$1\mathrm{.}81$student submitted image, transcription available below