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Today, Donald Duck Inc. common stock sells for $56.50 per share and commands a market rate of return of 15.65%. The firm pays an annual

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Today, Donald Duck Inc. common stock sells for $56.50 per share and commands a market rate of return of 15.65%. The firm pays an annual dividend which increases by 1.2 percent annually. What is the expected amount of the dividend to be paid in one year? $6.78 $7.97 $8.07 $8.16 E Cannot be calculated

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