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What the amount of annual dividend the company has just paid

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Question 1: Company A increases its annual dividend by 3.5 percent annually. Earlier today, Company A has just paid its annual dividend. Company A's stock commands a market rate of return of 10 percent and sells for $126.07 a share. The amount of annual dividend this company has just paid was closest to:

Select one:

A. $7.27

B. $6.64

C. $7.92

D. $9.22

E. $8.57

Reference no: EM132889523

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