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The Reading Co. has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 3% annually. The last
The Reading Co. has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 3% annually. The last dividend it paid was $0.90 a share. What will its dividend be in six years? Multiple Choice O $1.07 O $1.04 O $.90 O O $.93 $1.11
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