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Speed Berhads stock has a required rate of return of 11.35%, and it sells for RM60.50 per share. The dividend is expected to grow at

Speed Berhads stock has a required rate of return of 11.35%, and it sells for RM60.50 per share. The dividend is expected to grow at a constant rate of 5.00% per year. Calculate the expected year-end dividend.

a.

RM4.12

b.

RM2.33

c.

RM3.84

d.

RM2.64

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