What is the expected amount of the next dividend to be paid, Financial Management

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What is the expected amount of the next dividend to be paid

The common stock of Energizer's pays an annual dividend that is expected to increase by 10% annually. The stock commands a market rate of return of 12% and sells for $55.00 a share. What is the expected amount of the next dividend to be paid on Energizer's common stock? Assume the market is in equilibrium. A. $.90 B. $1.00 C. $1.10 D. $1.21 E. $1.33

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Financial Management: What is the expected amount of the next dividend to be paid

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Financial Management: What is the expected amount of the next dividend to be paid

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