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12-03-2024
Business

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Far west trading expects to pay an annual dividend of 1.75 per share next year. What is the anticipated Divet in four year three if the firm increases its dividend by 3% annually
A. $1.75 x (1.03)⁴
B. $1.75 x (1.03)³
C. $1.75 x (1.03)²
D. $1.75 x (1.03)¹
E. $1.75 (1.03)⁵

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