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The common stock of Topaz Inc. is selling for $60 a share and has a 12 percent rate of return. The growth rate of the

The common stock of Topaz Inc. is selling for $60 a share and has a 12 percent rate of return. The growth rate of the dividends is 4 percent annually. What is the amount of the next dividend? $6.82 $7.24 $5.28 $4.80

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