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The common stock of carter amp sons is selling for 29 a

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The common stock of Carter & Sons is selling for $29 a share and has a 17 percent rate of return. The growth rate of the dividends is 12 percent annually. What is the amount of the next dividend?

a. $1.38
b. $1.45
c. $1.52
d. $4.25
e. $4.34

Reference no: EM13573595

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